Earlier, the Governor of the Bank of Japan Haruhiko Kuroda stated that the central bank would keep up with monetary easing until inflation is firmly anchored. His remarks increased bearish pressure on the Japanese yen especially against the Aussie dollar. Technical Analysis AUDJPY benefited from the Japanese news as it climbed higher above the 94.00 level. There is no denial that the pair is positively biased in the near term, but a lot would depend on the upcoming Chinese GDP release. If the outcome surpasses market’s expectation, then the Aussie dollar might surge against a basket of currencies including the ... (full story)