AUD/JPY seesaws near 200-DMA despite downbeat Aussie inflation data – by anilpanchal7 AUDJPY Inflation RiskAppetite Crosses Currencies
Price Index
However, anxiety ahead of Federal Reserve Chairman Jerome Powell’s first public appearance since the November Federal Open Market Committee meeting seems to challenge the traders, as well as a slew of data from China, Europe and the US. Moving on, China’s official activity data for November could offer immediate directions but the major attention will be given to Powell amid hawkish concerns, which in turn could weigh on the market’sAUD/JPY remains indecisive while making rounds to the 200-DMA during early Wednesday, struggling to justify the downbeat signals from Australia amid cautious market sentiment.
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