AUD/JPY Buy On Iron Ore & Bond Yield's
The Australian Dollar is forecast to continue to rise in value against the Japanese Yen.
The Australian central bank has signalled it's talking about tapering its bond purchasing program. As the Australian economy recovers and inflation is expected to rise over the coming quarters.
In this video, I cover how analysts on Bloomberg's terminal forecast Australia's bond yield's to rise above 2.00% in the coming year. That's in stark contrast to japan's 10 Year yield remaining pegged at 0.16% and should cause currency flows from Japan into Australia to obtain the higher interest rate.
Iron Ore prices are also bullish as demand for commodities increases, which will also support the Australian dollar.
The Australian central bank has signalled it's talking about tapering its bond purchasing program. As the Australian economy recovers and inflation is expected to rise over the coming quarters.
In this video, I cover how analysts on Bloomberg's terminal forecast Australia's bond yield's to rise above 2.00% in the coming year. That's in stark contrast to japan's 10 Year yield remaining pegged at 0.16% and should cause currency flows from Japan into Australia to obtain the higher interest rate.
Iron Ore prices are also bullish as demand for commodities increases, which will also support the Australian dollar.
Kayan Kalipha