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Jun 22, 2015
RBA's Edwards: Australian Dollar still too high
RBA board member John Edwards is crossing the wires, via Bloomberg, noting that the Australian Dollar is still too high, adding that Australia has a problem with slow growth. AUD/USD is presently exchanging hands around 0.7760.
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Jun 22, 2015
USD/JPY tests offers at 123.00
USD/JPY gapped higher in early Asia, testing offers at 123.00 before retracing some 20 odd pips towards the 122.80, still over 15 pips above last NY close, with the market off to a more risk-seeking profile as hope prevails that Greece will ultimately manage to reach some sort of compromise with its international creditors.
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