Tokyo’s financial markets will open for the week after a long weekend. Overnight reports suggest that the BoJ is bidding at 85.50.
The AUD broke through the .9475 barrier and if today’s RBA minutes are as hawkish as yesterday’s speech by the Governor, then the liklihood of an October rate hike will increase even further.
The EUR and GBP are caught in cross currents and we can expect range trading there for the session.
Good luck today.
