Wednesday, February 5, 2014

Asian Market Update: Australia Returns To Trade Surplus While Retail Sales Continue Pace Of ...

AUD was back in focus, retaking the $0.89 handle after stronger than expected trade data. AUD/USD hit $0.8980 after the reports up 70pips from opening lows while AUD/JPY and AUD/NZD also rose about 60pips each for ¥91.25 and NZ$1.09 respective highs. JPY was under slight pressure following BOJ



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