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14 Jan 2015
AUD/JPY trims losses
FXStreet (Córdoba) - AUD/JPY is falling for the third day in a row, but today accelerated to the downside, amid a sharp decline in copper and a rally of the yen.
The pair bottomed earlier at 94.24, a level last seen in October 23. Afterwards bounced to the upside. The recovery was capped by 95.40 and the aussie lost momentum. Currently the pair is trading back below 95.00, down 1.25% for the day.
USD/JPY remained steady during the last two hours, hovering around 117.00 while AUD/USD lost steam at 0.8145 and retreated to 0.8120, limiting the rebound of AUD/JPY.
The pair bottomed earlier at 94.24, a level last seen in October 23. Afterwards bounced to the upside. The recovery was capped by 95.40 and the aussie lost momentum. Currently the pair is trading back below 95.00, down 1.25% for the day.
USD/JPY remained steady during the last two hours, hovering around 117.00 while AUD/USD lost steam at 0.8145 and retreated to 0.8120, limiting the rebound of AUD/JPY.