DislikedNot sure if anyone follows AJ. I have seen some correlation between AJ and GJ. AJ is also a carry trade pair. AUD is about to come out with its retail numbers and this is expected to beat estimates. Now, what would be interesting and I could be completely wrong is that will AJ drag GJ up with it. Since YEN would value against AU will that effect other YEN crosses. Any opinions. I am just speculatingIgnored
i have seen this many times yen pairs correlate (I think) ONLY when the its about the yen for example good usd news could drive uj up and do nothing to aj know what i mean.....but manyl pairs have correlation... usd/chf is an opposite correlation to gu many times(i think) .. maybe someone else knows more but i like your thinking