Japanese Yen
USD/JPY SHORT-TERM TECHNICAL FORECAST – NEUTRAL The Japanese yen’s rally against the US dollar appears to have stalled in recent days as the market looks for further cues from the upcoming US Federal Reserve Open Market Committee meeting. While the market widely expects the Fed to hike rates by 25 basis points to 4.5%-4.75% on...
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Australian Dollar
Asia-Pacific Market Briefing – Australian Dollar Vulnerable to Risk Aversion The sentiment-linked Australian Dollar underperformed against its major counterparts over the past 24 hours. It began with a disappointing employment report, where Australia unexpectedly lost jobs in December as unemployment ticked slightly higher. While this may induce less-hawkish Reserve Bank of Australia policy expectations, the...
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