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this week has been no different to any other trading week in regards of volatility. The Japanese yen has taken a hit against GBP and also AUD this week, but will we see a recovery? I think so, I believe by next week we will see the Yen back to 155 levels against the pound and possible 76-77 levels against the Australian dollar.

This weeks biggest movers can be seen below

AUD/JPY from 77.48 to 79.07
EUR/AUD from 1.7379 to 1.7075
GBP/CHF from 1.76 to 1.7870
AUD/USD from 0.8171 to 0.8282
GBP/JPY from 155.77 to 157.75

Discuss on this on the Currency Exchange Forum