JPY session outlook: Looking to AUD/JPY for leads
- Market is not expecting any major developments from BOJ minutes.
- Big Japanese players were noted buyers of AUD/JPY when it broke above 92.50 yesterday afternoon.
- USD/JPY orders are reportedly heavy either side of 100.00/101.50 range, suggesting some extended range trading.
- EUR/JPY had false break above 130.20 and the picture is very muddled here.