A move to 0.6355 in the AUD/USD pair can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Friday, extending its losing streak despite a subdued Greenback and shrugging off hotter-than-expected inflation figures that highlight persistent price pressures in Japan.
The Japanese Yen (JPY) is entering Friday’s NA session flat vs. the US Dollar (USD), having faded the modest gains that had surrounded the overnight release of national CPI figures, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank's Chief FX Strategists Shaun Osbor