Commodity Currencies Weaken; Focus on AUD/JPY Ahead of Australia and Japan Data

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-stocks81.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-stocks81.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-stocks81-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>In today’s relatively subdued markets, the notable development is weakness in commodity currencies, led by Australian Dollar. This decline comes amid a drop in oil prices following Saudi Arabia’s decision to cut official selling prices across all regions. Additionally, precious metals have softened in response to rebound in global benchmark treasury yields. The downward trend […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/534397-commodity-currencies-weaken-focus-on-aud-jpy-ahead-of-australia-and-japan-data/">Commodity Currencies Weaken; Focus on AUD/JPY Ahead of Australia and Japan Data</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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