Currency Note Worldwide

Poor sterling performance is good for the Yen and AUD

By Ricky Bean May 26th, 2015

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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