The sharp dip on the Tokyo open, when AUD/JPY dipped from 76.70 to 76.30, was primarily caused by margin calls amongst some Japanese retail brokers. The pair has traded a 35 pip range, 76.20/55, since then.
The sharp dip on the Tokyo open, when AUD/JPY dipped from 76.70 to 76.30, was primarily caused by margin calls amongst some Japanese retail brokers. The pair has traded a 35 pip range, 76.20/55, since then.