The Australian dollar followed equities higher on April 27, as traders participating in fx risk management responded to earnings reports from U.S. companies that were higher-than-expected.
The U.S. yen rose on April 26 as traders engaged in fx risk management looked to the Bank of Japan (BOJ) scheduled for April 27.
The U.S. dollar depreciated on April 25, as the sentiment of traders engage in fx risk management was impacted by communications provided by the U.S. Federal Reserve that gave mixed messages on the central bank's perception of the economy.
