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Posted by
Two Blokes Jun 4 -
Filed in
Forex
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2 views
The AUD/JPY cross attracted some sellers after the Reserve Bank of Australia (RBA) meeting Minutes showed that the central bank had considered an outsized 50 basis point cut in May. Spot prices retreat around 50 pips from the Asian session high and drop to the 92.35 region in the last hour, though the downfall lacks bearish conviction amid a broadly weaker Japanese Yen (JPY).
