The Aussie surged during the Asia trading session after Australia’s Employment change number printed over 3 times stronger than analyst expectations and the headline Unemployment Rate sank to 5.5%. The encouraging improvement in Australian Unemployment sent the Aussie surging higher as investors speculated that the RBA will keep its monetary…

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AUD/USD Surges Following Impressive Employment Data

It’s been another very active session for the AUD/USD again. After crash yesterday in reaction to the RBA’s decision to stand pat, the AUD/USD posted a sizable rally during the Asia trading session, almost reaching 2/1 highs. Money flowed into the Aussie after Australia’s Trade Balance deficit printed shallow of…

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AUD/USD Wobbles as Volatility Increases

The USD/JPY has tumbled back below the psychological 90 level and previous January lows in a flood of negative developments in both the East and the West. During the Asia trading session investors headed for safety after China’s major banks indicated they are taking the central banks’ new hawkish monetary…

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USD/JPY Tumbles with Flow of Negative News