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AUD-JPY awaits G20 outcome as it holds on to month’s high

  • Regular
  • FX Market
  • 6 months ago
  • 116

AUD-JPY trading is thin as it is hovering around the major technical of 83.000 and other currencies have been holding as they await the upcoming summit’s developments.

Friday’s data didn’t show much apart from strong figures from the Private Sector Credit with a  reading of 4.6% y/y, 0.4% m/m.

Traders are being rather cautious ahead of the G20 summit which sees Trump and Xi discuss current trade relations.

 

 

 

 

Source: Smart Trend Team