Apr 11, 2013
Forex: AUD/JPY breaks above 105; highest since 2007
With Australia jobs report just around the corner at 01:30 GMT AUD/JPY is last trading above the 105 handle, at its highest levels since late 2007, way before Lehman crisis hit. The cross is off recent record 5.5-year high printed in early Asian trade at 105.35, at 1.5-year high volatility with 146 pips per day on average for last 14 trading days.
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