Yen's surge could send message to RBA

By Mark Mulligan
Updated May 2 2016 - 6:34pm, first published 5:17pm
Bank of Japan governor Haruhiko Kuroda. Decision to do nothing has driven yen up another 4.5 per cent. Photo: Kiyoshi Ota
Bank of Japan governor Haruhiko Kuroda. Decision to do nothing has driven yen up another 4.5 per cent. Photo: Kiyoshi Ota

The Bank of Japan's decision last week to defer further monetary easing has added fuel to the yen's race up against the greenback, and the same may happen to the Aussie on Tuesday.

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