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21 Jun 2016

Japan FinMin Aso: Very important for FX to be stable

Japanese finance minister Taro Aso was out on the wires via Bloomberg last minutes, stressing on the stability needed in the fx markets.

Key Quotes:

Very important for FX to be stable

Declines to comment on specific policy action in wake of Brexit

Abrupt FXZ moves not desirable

Jun 21, 2016

AUD/JPY ignored RBA’s warning on strong currency

AUD/JPY cross turned a blind eye towards minutes of Reserve Bank of Australia June meeting, which warned about the negative impact of a strong AUD on
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Jun 21, 2016

WTI Oil nears $50.00 in Asia as Brexit chances drop

US oil prices neared $50.00 handle in Asia following a 3% rally on Monday as falling Brexit bets kept USD on a weaker footing. Genscape data support
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