XE Market Analysis: Europe – Oct 22, 2015

AUD-JPY has been the main mover and shaker in Asia-Pacific trade today. The cross was down 0.35% at the time of writing, slightly above the two-week low it left at 85.99. The move reflected a little AUD underperformance and a little JPY outperformance, the latter underpinned by a drop in the Nikkei 225 and broader stock market declines, as per its usual inverse correlation with equities.