Forex: AUD/JPY grinds lower, HK shares nosedive
Forex pairs in this Article »
AUD/JPY
FXstreet.com (San Francisco) - The Australian dollar weakened to fresh 5-week lows against its Japanese counterpart Thursday after mixed economic data down under.
Australia's CAPEX registered a better than expected reading in Q2, but Building Approvals disappointed in July, keeping AUD under pressure and sending AUDJPY to as low as 81.16 from an earlier intraday high of 81.43. Daily RSI remains in neutral territory but aims lower, last valued at 38.
Asian shares are trading with a negative tone today, with Japan 225 down 64.31 points, or 0.7% at 9005.50. S&P/ASX 200 is down 49.74 points, or 1.1% at 4306.70. Hang Sen 40 seems to have fallen off a cliff, now down 277.51 points, or 1.4% at 19511.00. S&P CNX Nifty is trading down 46.80 points, or 0.88% at 5287.80.
Australia's CAPEX registered a better than expected reading in Q2, but Building Approvals disappointed in July, keeping AUD under pressure and sending AUDJPY to as low as 81.16 from an earlier intraday high of 81.43. Daily RSI remains in neutral territory but aims lower, last valued at 38.
Asian shares are trading with a negative tone today, with Japan 225 down 64.31 points, or 0.7% at 9005.50. S&P/ASX 200 is down 49.74 points, or 1.1% at 4306.70. Hang Sen 40 seems to have fallen off a cliff, now down 277.51 points, or 1.4% at 19511.00. S&P CNX Nifty is trading down 46.80 points, or 0.88% at 5287.80.
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