World > Economy

AUD/JPY holds near the highest levels since late January 2020

One year ago   |   By FXCM

AUD/JPY is trading at the highest levels since late January 2020 with risk assets firmly bid and rallying strongly again in European and US markets. At the time of writing, the cross is consolidating around 75.45, between 74.31, the session low so far, and 75.47 the high.
A lot of the Aussie's leg work is already done in this cross and the yen is what is making for the extra gas. USD/JPY has seen a move towards the 109 level as markets re-risk in hopes of a V-shaped recovery in the global economy.
USD/JPY rallies to test the vicinity of 109 level, critical for market sentiment
We are...
Read more ...

 


Search by Tags

   Economy      Economics      US      Banking      Markets      Investor      Performance      Trade  


Netflix gives first look at The Masked Singer-style dating show reboot Sexy...

Netflix gives first look at The Masked Singer-style dating show reboot Sexy Beasts

Talent shows have recently seen a major overhaul, with the likes of The Masked Singer - and its equally bonkers spin-off The Masked Dancer - captivating audiences with bizarre... Read more ...

Jake Paul claims he WILL fight Canelo Alvarez for world title belts within...

Jake Paul claims he WILL fight Canelo Alvarez for world title belts within FIVE YEARS

Jake Paul, 24, last beat ex-UFC fighter Ben Askren in the ring but is already setting his sights far higher when it comes to taking on the best boxing has to offer as he... Read more ...

Get big brands for less with the new Certified Refurbished hub on eBay

Get big brands for less with the new Certified Refurbished hub on eBay

The big tech brands are always finding ways to make their latest products more innovative and cram in higher-spec cameras, brighter HD displays and more powerful... Read more ...

Scotland did us proud at Euro 2020, says Sturgeon

The First Minister thanked the players for providing ‘cheer, excitement and sense of passion and pride'. Read more ...

‘Negotiating sausages while world burns' EU can't move on from Brexit admits...

‘Negotiating sausages while world burns' EU can't move on from Brexit admits Verhofstadt

EUROPHILE MEP Guy Verhofstadt has issued a scathing attack against the bloc as it continues to wrangle with the UK over Brexit. Read more ...

Improved €70m bid leaves Chelsea mulling summer-defining decision

Chelsea are being faced with a decision that will greatly impact their summer plans after news emerged of an improved €70m bid for a top Blues target. Chelsea were the Premier... Read more ...

Majority, immigrant-focused US neobank, raises $19 million

Majority, immigrant-focused US neobank, raises $19 million

Summary List Placement Houston- and Stockholm-based Majority has raised $19 million in its seed funding round led by Valar Ventures with participation from Avid Ventures... Read more ...

Tech legend Marc Andreessen says the rise of remote work might be more...

Tech legend Marc Andreessen says the rise of remote work might be more important than the internet: 'A permanent civilizational shift'

Summary List Placement Technology has saved the world. So said tech entrepreneur and venture capitalist Marc Andreessen in a recent blog post, in which he said he believed... Read more ...

Rich States Would Rather Let Poor People Die Than Waive Coronavirus Vaccine...

Rich States Would Rather Let Poor People Die Than Waive Coronavirus Vaccine Patents

The Global North is entering a new phase of the pandemic, with dozens of countries - Israel, the UK and the US among them - having partly or fully vaccinated roughly 40-60% of... Read more ...

Suzuki MotoGP rivals “better than us” in recent races - Mir

Suzuki MotoGP rivals “better than us” in recent races - Mir

Suzuki has only scored two podiums from the first eight races of its title defence season, Mir taking both of them with thirds in Portugal and Italy. The world champion is... Read more ...