Australia AiG Performance of Mfg Index up to 53.2 in October from 51.7

Oct 31, 2013

AUD/JPY gradually ascending; back above 93

AUD/JPY was able to re-climb above the 93 front after ascending gradually after the closing of the American trading session and ahead of Tokyo’s opening and Australian data releases.

Dreadful action in euro just a correction or something more serious brewing?

The decline in the euro over the last few days has been eye-opening to say the least. Are the fundamental concerns driving this action valid? And, are the technicals validating these concerns with breakdowns?