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Forex Flash: Kuroda comments most likely seen as Yen bearish - OCBC Bank

Emmanuel Ng of OCBC Bank note that markets are likely to continue to interpret the latest remarks from BoJ Kuroda as continually bearish for the Yen.

He adds that in the interim, USD/JPY may continue to find support on any dips towards towards the 98.85 area while contemplating a breach of the 100.00 level. Looking to AUD/USD, he writes, “The labor market numbers this morning proved disappointing relative to prior market expectations and the AUD/USD may waver in the short term. Nonetheless, expect a buy dips environment to eventually prevail with first support expected towards the 1.0500 area.”

Forex Flash: Australia on of losers from BoJ action - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that Australia has been one of the losers from Japan’s efforts to devalue the yen with the trade-weighted Australian dollar rising to a new post float record high as investors intensify the search for yield.
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Forex Flash: Commodity-based face divergent outlooks intraday – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions.
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