AUDJPY: A Change Of Mind

Thursday, February 11, 2010

Finally, something has happened to lift the pall from the AUD/JPY market.What happened? The Australian economy showed signs of heat. We have recent employment numbers that absolutely blew away expectations.Apparently, today, the AUD/USD moved from a value that gave a 25% chance of a hike in march to a 50% chance of a hike in march. Do you remember me talking about the need for a upside