AUD TO JPY TODAY AND FORECAST FOR TOMORROW, WEEK AND MONTH ...

Dollar steady, global growth concerns support safe-havens

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SINGAPORE - The dollar hovered near 2-week highs against its peers on Tuesday as a slowdown in China's economy to 28-year lows revived investor concerns over global growth and supported safe-haven currencies.
Overnight, the International Monetary Fund cut its 2019 and 2020 global growth forecasts, citing a bigger-than-expected slowdown in China and the Eurozone, and said failure to resolve trade tensions could further destabilize a slowing global economy.
The yen JPY=, another safe-haven currency, was steady against the dollar, fetching 109.64 in early trade.
On the whole, the dollar is also facing indirect pressure from slackening momentum in the global economy which has forced the U.S. Federal Reserve to take a cautious approach on any further interest rate increases.
"We do not see the Federal Reserve raising rates this year which should lead to weakness in the dollar. We also think the dollar is overbought and over-valued on fundamental metrics," said Jason Wong, senior markets strategist at BNZ markets.
The Australian dollar AUD= was marginally lower at $0.7157, after holding up in the face of the weak growth numbers from the nation's largest trading partner China.
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AUD JPY (Australian Dollar / Japanese Yen) This pair is the Australian Dollar against the Japanese Yen. In regards to U.S. equities on a short to medium term basis, it is often one of the most highly correlated pairs to price action. The pair tends to decline is a risk off approach and rise in a low risk environment on carry flows. AUD JPY Exchange Rate. This is the live AUD JPY rate forex data page, displaying the FX price for the AUD/JPY. The FX rate self-updates every few seconds. Compare exchange rates with base currency AUD with the second table of results. Also see the live AUD JPY chart, AUD exchange rate or the JPY exchange rate. AUD to JPY forecast for tomorrow, this week and month. AUD to Yen forecast on Tuesday, November, 10: exchange rate 74.8903 Yens, maximum 76.0137, minimum 73.7669. AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Oct 01, 2020 when AUD/JPY traded near 75.83. 2020-10-19 02:23:00 Australian Dollar to Yen Forecast, AUD to JPY foreign exchange rate prediction, buy and sell signals. Rate target in 14 days: 78.387. The best long-term & short-term ... Forex Predictons by days: 2020 Search Stock, FX pair, Crypto, or Commodity... AUD/JPY (Australian Dollar to Yen) Currency Rate FX Forecast and Prognosis Data for 2020 AUD/JPY at a Glance Australian Dollar (Currency code: AUD) Central bank: The Reserve Bank of Australia; The Australian dollar (also called the Aussie) is a “commodity currency” because the country exports abundant natural resources, including coal, iron ore, copper, gold, natural gas, uranium, and renewable energy.

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USD/JPY and AUD/USD Forecast February 27, 2020

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