AUD/JPY may gain on diverging Fed/BoJ and improved risk sentiment

Posted on June 1st, 2016

We see scope for the AUD to recover modestly after its recent steep fall.  Global risk appetite has picked up and Chinese asset markets and currency have stabilized.  The AUD is comfortably in the middle of its range since the middle of last year, a period where the Australian economy appeared to be transitioning well […]