RBA Stevens: AUD value not seriously misaligned at this point

FXStreet (Bali) - RBA Stevens is saying that AUD value not seriously misaligned at this point.

Stevens said: "If we try to line up the current exchange rate and various models, you'd be hard press to say it is seriously misaligned."

Sep 18, 2015

Nikkei tracks losses in Wall Street, Yen at day highs

At the open of Asia, we are seeing follow through strength in the Japanese Yen on the back of an unchanged interest rates decision by the Fed earlier on Thursday, which threw the US Dollar under the bus.

EUR/JPY downside testing below 20 SMA

EUR/JPY dropped along with the Yen crosses as risk-off markets took a hold and drove the price down to test the bulls commitments through the 136.80 support area.