• Aud/JPy remains subdued among skinny trade, because Australian markets remain closed on holidays on Good Friday.
• Data on the work of March Australia intensified the speculation of a potential rate reduction of 25 base points by RBA in May.
• In Japan CPI “Core-Core”, IN which excludes fresh food and energy – will augment to 2.9% in March with 2.6% in February.

Aud/JPy regains the last profits from the previous session, trading around 90.80 in European hours on Friday. The currency cross remains under pressure when the Australian dollar (Aud) weakens lightweight trade, with local markets closed on holidays on Good Friday.

Minutes from the Australian Reserve Bank (RBA) March 31 – April 1, 1 emphasized the uncertainty around the date of the next interest rate traffic. Although the management saw the May meeting as the right time to re -assess the policy, he emphasized that no decision was pre -involved. The risk of both economic growth and inflation remains balanced in advance and defects.

Data on the work of March Australia showed that the unemployment rate is at 4.1%, but profits from work lost expectations. This resulted in speculation about the potential reduction in the rate of 25 base points in May, and some traders even consider traffic by 50 base points in connection with the growing fears of the global slowdown related to tariff escalation.

In Japan, the national consumer price indicator (CPI) increased in March by 3.6%, marking three consecutive years above 2% of the target inflation of the Bank Japan (BOD), though slightly below 3.7% of February. CPI “core”-staggering fresh food and energy-were up to 2.9%from 2.6%, while basic inflation (excluding only fresh food) increased to 3.2%, according to forecasts.

These inflation readings are ahead of the Boj policy meeting of May 1, where it is expected that the central bank will maintain a rate of 0.5% and potentially reduce growth perspectives, because the growing global commercial tensions burden the moods.