We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
Gold
Bearish
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bearish
More View more
Notice

DailyFX PLUS Content Now Available Freely to all DailyFX Users

Real Time News
  • CHF Switzerland Aug Exports MM Actual: -4.4% Previous: -1.2% Imports MM Actual: 1.0% Previous: -0.5% Swiss Watch Exports YY Actual: 1.5% Previous: 4.7%
  • European Opening Calls: From IG #FTSE 7299 -0.20% #DAX 12384 -0.04% #CAC 5621 +0.01% #IBEX 9046 +0.16% #STOXX 3529 +0.03%
  • Follow @DailyFXedu for your regular #webinar updates with @DailyFX analysts and catch up on the webinars you missed. https://t.co/72SjAaa27X
  • My trading video for today: $Dollar and S&P 500 Strategy for the #FOMC Rate Decision' https://www.dailyfx.com/forex/video/daily_news_report/2019/09/19/Dollar-and-SP-500-Steady-After-Fed-Cut-Monetary-Policy-Remains-Top-Concern.html?utm_source=Twitter&utm_medium=Kicklighter&utm_campaign=twr
  • How can you avoid #FOMOintrading with easy seven steps to creating a trading plan? Find out from @RichardSnowFX here: https://t.co/y2UvtIRZAG https://t.co/mBzJBviQDO
  • 🇯🇵 (JPY) All Industry Activity Index (MoM) (JUL), Actual: 0.2% Expected: 0.2% Previous: -0.7% https://www.dailyfx.com/calendar?utm_source=Twitter&utm_medium=TweetRobot&utm_campaign=twr
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.35%, while traders in France 40 are at opposite extremes with 83.89%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SXDGRBOC4e
  • Heads Up:🇯🇵 JPY All Industry Activity Index (MoM) (JUL) due at 04:30 GMT (15min), Actual: N/A Expected: 0.2% Previous: -0.8% https://www.dailyfx.com/economic-calendar#2019-09-19
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.53% 🇨🇭CHF: 0.10% 🇪🇺EUR: 0.06% 🇬🇧GBP: -0.04% 🇳🇿NZD: -0.08% 🇦🇺AUD: -0.56% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/FYKlVlhoR3
  • Heads Up: 🇯🇵 (JPY) All Industry Activity Index (MoM) (JUL) due at 04:30:00 GMT (15min) Expected: 0.2% Previous: -0.8%
Australian Dollar Dips Against Yen Following RBA April Rate Decision

Australian Dollar Dips Against Yen Following RBA April Rate Decision

2014-04-01 05:23:00
Benjamin Du,
Share:

Talking points:

  • Aussie Dollar trades lower against the Yen after the RBA maintains cash rate at 2.50%
  • Board affirms a “period of stability in interest rates”
  • Possible top in place for the AUD/USD around the 0.9300 handle

The Australian Dollar fell against the Japanese Yen after the RBA decided to leave the cash rate unchanged at 2.50% in line with market expectations. In the accompanying statement, Governor Stevens suggested accommodative monetary policy remained necessary to support demand and repeated the bank’s view that “the most prudent course of action is likely to be a period of stability in interest rates.”

The AUD/USD had been trading near its 2014 highsahead of the rate decision, with the rise in the currency over the past few months being noted by the RBA as detracting from its efforts to achieve balanced growth in the domestic economy. Also notable was a divergence from the previous statement, acknowledging that China’s growth may have slowed in the first part of this year.

An upside surprise to the US ISM Manufacturing data due in the session ahead may help bolster demand for the greenback and in turn put pressure on the AUD/USD. Daily FX Currency Strategist Ilya Spivak has pointed to a possible top in the currency pair around the 0.9300 handle.

Australian-Dollar-Dips-Against-Yen-Following-RBA-April-Rate-Decision--_body_Picture_5.png, Australian Dollar Dips Against Yen Following RBA April Rate Decision

AUDJPY (5min Chart) – April 1, 2014 | Created with FXCM Marketscope

provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.