USD/JPY – The pair was seen to ride on Wednesday’s recovery move as it refreshes an intraday high 10 106.30. Japan’s core machinery orders rose 6.3% in July from the previous month. This data is regarded as an indicator of capital spending for the next 6-9 months. Forecast was at 1.9%.
AUD/JPY – The pair was seen to take rounds to 77.32, and although it is marking notable gains from 2 weeks low – it has not avoided weekly losses. Earlier in the week, the pairing bounced off the 200 bar SMA – and can be expected to head towards 77.65 and even 78.00 levels.
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