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Posted by
Two Blokes May 22 -
Filed in
Forex
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AUD/JPY hits a fresh two-week low, with trading around 92.30 during the European hours on Thursday. The Japanese Yen (JPY) could appreciate further against its peers as Japan's upbeat Machinery Orders data raise the odds for more interest rate hikes by the Bank of Japan (BoJ) as it counters recession fears and boosts hopes for an economic recovery.
