As AUD/USD slips, EUR/JPY and USD/JPY rally further still
As AUD/USD slips, EUR/JPY and USD/JPY rally further still amid Japan and Europe, US interest rate differentials and carry trades.
AUD/USD stays side-lined
AUD/USD remains capped by the major $0.6698-to-$0.6714 resistance zone while staying above Friday's low at $0.6620. Below it meanders the 55-day simple moving average (SMA) at $0.6606 which may offer short-term support.
USD/JPY trades in 37 1/2 year high
USD/JPY has so far risen to ¥161.74, a level last seen in December 1986, while en route to the ¥165.00 November 1986 high.
Minor support sits at the ¥159.93 24 June high.
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