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Yen holds steady ahead of minutes, Australian flat in Asia

byCustoms Today Report
20/03/2015
in Uncategorized
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TOKYO: The yen and Aussie held steady in Asia on Friday ahead of minutes from Tokyo and remarks by the central bank chief in Australia with investors focused on continued interpretation of the U.S. Federal Reserve.

USD/JPY traded at 120.80, down 0.01%, while AUD/USD changed hands at 0.7650, flat. EUR/USD traded at 1.0666, up 0.08%.

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The Bank of Japan releases Feb. 17-18 meeting minutes at 0850 Tokyo (2350 GMT), and later RBA Governor Glenn Stevens gives a speech at an American Chamber of Commerce in Australia (AMCHAM) luncheon an Melbourne (1310 AEDT, 0210 GMT).

Overnight, the U.S. dollar rebounded against the euro on Thursday, one day after experiencing its largest one-day drop in more than six years amid indications from the Federal Reserve that it could raise interest rates by June.

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