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FXStreet (Guatemala) - AUD/JPY is currently trading at 91.91 with a high of 92.17 and a low of 91.79.
AUD/JPY has fallen away post the release of the minutes that took the Aussie down on dovish sentiment and echoing RBA's Stevens comments overnight when speaking in New York and jaw boning the currency. The cross has come of its perch, falling back by over 30 pips and losing the 92.00 handle.
Analysts at Rabobank noted how aggressive he came with sentiment for rates and the vale of the currency when he was publicly arguing that “interest rates should be quite accommodative and the question of whether they should be reduced further has to be on the table” and that AUD is “very likely” to fall further.
"Certainly, the market belief is that RBA rates will follow the same future path as Eisenstein’s baby carriage."