Japan Industrial Production (MoM) came in at 0.7%, above forecasts (0.3%) in March

FXStreet.com (Barcelona)

May 16, 2014

AUD risks for setbacks growing - RBS

Downside risks for the AUD are mounting, notes Greg Gibbs, FX Strategist at RBS.

USD/JPY is sitting in a tight range with clear bearish bias as the pair retreated from Asian high of 101.66 and moved to 101.44.