Tuesday, October 27, 2015

Nippon Life to buy NAB's insurance unit for 220b yen: Watch AUD/JPY

FXStreet (Bali) - Bloomberg is reporting that NAB shares have been halted in Sydney.

"Yomiuri reports Nippon Life to buy co.'s insurance unit for 220b yen (A$2.51b)", source note.

According to Sean Lee, Founder at FXWW: "Might give AUD/JPY an intraday boost purely from psych standpoint."
For more information, read our latest forex news.

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