May 14, 2013
Forex: AUD/JPY holding above 101.00 ahead of Aus federal budget
AUD/JPY is currently trading at 101.34, off session lows at 101.20, double weekly low with late London session lows. The cross is down -0.52% for the week so far, mostly on the back of Aussie weakness as Yen has been more or less range bound in same time period. Still, the cross is higher by +13.66% year to date according to Reuters, and +22.93% in last 6 months.
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