The Aussie gained nicely on the unwillingness of the RBA to act. Will the Bank of Japan follow suit and leave USD/JPY around 120′? It may be a different story for the euro. The speech of Mario Draghi could send EUR/USD out of the frustrating range trading and the recent wedge. This is the wrap up of the morning show:
Read the rest of the article RBA allows AUD to rise – Draghi and BOJ watched [Video]