AUD/JPY drops to near 103 00 after the mixed Aussie employment data fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
The Australian Dollar (AUD) extends its gains for the third successive session on Tuesday. This rally is fueled by the hawkish comments made by the Reserve Bank of Australia (RBA) Governor Michele Bullock.
Feb 18, 2021 05:07 GMTFXStreet News
Asian equities drift lower even as Australia, India and Indonesia mark mild gains.
Beijing inflation likely to improve, vaccines can’t assure guaranteed strength against covid variants.
Aussie employment figures confirmed RBA’s downbeat expectations.
Global traders fail to offer a warm welcome to Chinese counterparts as markets in Asia-Pacific remain sluggish, mostly negative, during early Thursday. The risk catalyst wobbles as Beijing couldn’t offer any key reaction to the latest shift in risk while the coronavirus (COVID-19) vaccine news flash mixed signals.
That said, MSCI’s index of Asia-Pacific shares outside Japan drops 0.17% whereas Japan’s Nikkei follows the suit with 0.23% despite BoJ Governor Haruhiko Kuroda’s efforts to recall buyers. Further, stocks in China pare initial gains even as Financial Times suggest inflation run-up in the dragon nation.