China says commodity prices outpacing global recovery
AUD/USD and AUD/JPY have fallen back towards their session lows at .9020 and 79.75 respectively. Dealers say that interest remains very patchy.
AUD/USD and AUD/JPY have fallen back towards their session lows at .9020 and 79.75 respectively. Dealers say that interest remains very patchy.
2 Responses to “China says commodity prices outpacing global recovery”
hi lee
for nearly one month usd n jsy were strg agaist the gbp n eur. is it a reason jpy n usd fallen back/. ? so can we expect eur n gbp may rise
thank you
Hi Ganesh. Not very sure about anything at the moment I’m afraid. Overall I think the JPY might continue to strengthen (ie USD/JPY, GBP/JPY, EUR/JPY all lower) but EUR will perform better than the GBP. No major reasons, just market re-positioning