Feb 25, 2016
AUD/JPY: Selling dominates after soft Aus Capex outlook
AUD/JPY has been knocked lower following a worse-than-expected Australian capex outlook, sending the rate towards 80.30 day lows after algo-led initiated selling off 80.70 highs, with the pair now rebounding off lows, benefited but some Yen weakness in the Tokyo fix (00.50GMT).
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