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AUD/JPY jumps 200 pips and consolidates above 93.50

FXStreet (Córdoba) - The AUD/JPY soared on Thursday, rising for the third consecutive day and finished above 93.50 posting the highest daily close since late December. The Yen was the worst performer across the board while the Aussie was on the opposite side.

AUD/JPY breaks 93.00

During the Asian session, on the back of better than expected data the AUD/JPY broke above 92.00 and later on European hours started to test 93.00 and soared later, as the Yen weakened in the market and the AUD/USD jumped to 0.9100.

On New York the AUD/JPY peaked at 93.87, the highest price since January 2 and pulled back slightly. Ahead of the close trades at 93.70/75, up almost 2% from today’s opening price.

Flash: - Scotiabank

Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank said, "As expected the ECB made no change to policy, leaving interest rates on hold at 0.25% and making no other changes. Accordingly EUR continues to trade within last Friday’s 1.3694 to 1.3825 range."
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Wall Street closes mixed after trimming gains into the close

The US stocks closed mixed on Thursday as investors' confidence was fueled by jobless claims and ECB no bearish stance while market are now focusing on nonfarm payrolls and employment report.
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