RBA minimize speak and threat aversion dominated

The RBA provided its clearest indication but {that a} charge minimize is approaching the identical day because the US election. That was one of many components that weighed on the Australian greenback this week because it badly trailed its G10 counterparts.
RBA cut talk and risk aversion dominated

The yen was on the flip facet as threat aversion crept in.

AUD/JPY, it fell daily this week however discovered some bids below 74.50 yesterday and as we speak. Technicians might be watching 74.00 within the week forward. It is a fantastic spot to handle threat for anybody making an attempt to purchase the most recent dip.

AUDJPY chart