The JPY has found itself taken to the very height of its strength versus the USD as investors have continued to test the resolve of the Bank of Japan and officials. The Japanese ruling party held a vote earlier today and maintained its current leadership. The AUD continues to also trade near its highs, but for entirely different reasons as commodities, a stable economy, and political clarity have helped. However what traders of the AUD may ask soon, is where valuation constraints stand as obstacles?
Written by bforex.com
