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Forex Today: Aussie edges higher on hawkish RBA hold, focus shifts to US data
Here is what you need to know on Tuesday, June 18: The Australian Dollar (AUD) stays resilient against its major rivals early Tuesday as markets assess the Reserve Bank of Australia (RBA) policy announcements and Governor Michele Bullock's comments.Fxstreet
Jun 18, 2024
USD/JPY Price Analysis: Rises above 157.00 as US yields underpin the pair
The USD/JPY climbed for the second straight day, up 0.27% after hitting a daily low of 156.81, as US Treasury bond yields climbed six basis points on speculation that the Federal Reserve will keep interest rates unchanged.
Fxstreet
Jun 17, 2024
AUD/JPY Price Analysis: Mild gains prompt building support around 20-day SMA
In Monday's session, the AUD/JPY pair experienced limited losses and then recovered to trade with gains, with attention focused on reinforcing the support at the 20-day Simple Moving Average (SMA), after dipping briefly below 103.60 and then recovering it back.
Fxstreet
Jun 17, 2024
Japanese Yen weakens against USD amid tepid real wages, imported inflation
The Japanese Yen (JPY) trades lower by about a third of a percent against the US Dollar (USD), in the 157.80s on Monday, as the outlook for interest rates in the US remains elevated despite lower inflation and economic sentiment readings.Fxstreet
Jun 17, 2024
