AUD/JPY Price Forecast: Surges toward YTD high near 112.00

The AUD/JPY recovers from earlier losses, advances some 0.38% on Tuesday even though risk aversion is ruling the financial markets as tensions in the Middle East had risen. Hawkish comments of RBA’s Governor Bullock propel the Aussie Dollar higher. At the time of writing, the cross-trades at 111.62.

China: Managing Oil shock exposure – Societe Generale

Societe Generale’s team examines China’s position in U.S.–Iran tensions, noting that Iran supplies most of China’s Oil but disruptions are manageable.

RBA’s Bullock: February rate hike justified, Middle East conflict adds uncertainty

The Reserve Bank of Australia (RBA) Governor Michelle Bullock crossed the wires on Tuesday March 3 and she was hawkish. Bullock said that data justified February’s rate hike and that Middle East conflict adds to uncertainty.

GBP/JPY Price Forecast: Bullish engulfing pattern puts 211.00 in play

GBP/JPY rises during the North American session on Monday, up by 0.24% after recovering from hitting daily lows of 209.10 amid risk aversion spurred by the Middle East conflict between the US and Iran. At the time of writing, the cross-pair trades at 210.98, about to overcome the 211.00 hurdle.

Swiss Franc surges to decade highs against the Euro before SNB threats cool CHF markets

The Swiss Franc (CHF) was the standout safe-haven performer on early Monday trading, rallying sharply against the Euro (EUR) and most major currencies as the US-Israeli military strikes on Iran triggered a broad flight to safety.