The Japanese yen and Australian dollar both rose against the pound on Friday – along with most other currencies, thanks to a poor performance from the British currency.
Looking to this week ahead, we see very little data of importance for both these currencies until mid-week. Japan’s monetary policy meeting minutes are released on Wednesday, and of course they will be part of this week’s G7 meetings from Wednesday.
For the Australian dollar, a big shift in the markets is expected with the release of their private Capital Expenditure Data – they will be hoping for better results than last quarter, when reports fell way below forecasts
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