Despite persistent warnings from Japanese officials about potential currency intervention, USD/JPY climbed to its highest level since the mid-1990s at 155.17 in Wednesday's New York session.
Australian inflation data released this morning pushed back expectations for a Reserve Bank of Australia (RBA) rate cut from September to November, bolstering AUD/USD.
IC Markets is venturing into the prop trading space with the launch of ICFunded. Currently in beta testing, this platform will allow traders to trade with the firm's capital.