FXstreet.com (Córdoba) - The Aussie managed to extend gains on
Monday against the Japanese Yen boosted by risk appetite sentiment,
AUD/JPY reached a fresh 4-week high at 79.59 at mid American
session.
However Yen strengthened as Stocks in the US finished at daily
lows, dragging down the price. AUD/JPY closed Monday at the 78.60
zone, 0.29% above its opening price after being 1.57% above.
Currently AUD/JPY is trading at 78.75.
NZD/JPY had a similar behavior, the pair has retreated from the
64.40 zone where it posted a fresh high at NY session, not seen
since May 18th, and is currently hovering around 63.75.