Oil up ... yen crosses be sayin': "Hold my beer"

AUD/JPY is in a rip higher. NZD, GBP, CAD EUR all up also.  As a huge importer of energy Japn tends to see its currency decline as oil (etc) rises and this has been the case the past few weeks notably. Australia is an exporter of LNG, benefitting for surging prices (and for other commodities)  Invest in yourself. See our forex education hub.

Oil up ... yen crosses be sayin': "Hold my beer"

AUD/JPY is in a rip higher.

NZD, GBP, CAD EUR all up also. 

As a huge importer of energy Japn tends to see its currency decline as oil (etc) rises and this has been the case the past few weeks notably.

Australia is an exporter of LNG, benefitting for surging prices (and for other commodities) 

AUD/JPY is in a rip higher.

Invest in yourself. See our forex education hub.