Monday, October 17, 2011
Forex Technical Update 10/5/2010 - Aussie and Japanese Yen After RBA and BoJ
Forex Technical Update 10/5/2010 Against expectations the Reserve Bank of Australia kept the current rate at 4.5bps, but maintains that it will continue to hike it if the global recovery continues. The Bank of Japan lowered the benchmark interest rate from 0.10 to near 0 and announced Quantitative Easing measures. Although there were some initial increase in volatility, the AUD and the JPY market hasn't really changed significant. For example, let's take a look
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