New Zealand Visitor Arrivals (YoY) rises to 6.2% in August from 5.9%

Sep 20, 2013

AUD/JPY rejected below 94.50 fresh 3-month highs

The AUD/JPY foreign exchange cross rate is last trading at 93.86 retracing from yet another fresh 3-month highs at 94.56 printed on the back of Yen weakness, but still up +2.16% for the week this far.

Why US Dollar weakness might be here to stay...

As it has been well documented by now, the Federal Reserve 'lost its nerve' by making an extraordinary decision not to taper and blowing worldwide consent that they were indeed ready to start its timid QE exit.