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20 Sep 2013
Session Recap: USD still weak ahead of Germany elections; Half Asia on holidays
FXstreet.com (Barcelona) - The USD has slowly drifted marginally lower in today's last trading day of the week for the Asia-Pacific region, with countries like Korea or China closed over holidays, and countries like Japan ahead of a 3-day weekend, Germany elections, and triple witching NY close.
EUR/USD is slightly higher last at 1.3538, AUD/USD at 0.9448, and Cable at 1.6045, while USD/JPY currently trades at 99.26 off early NY session highs at 99.69. The Nikkei index is down -0.2% after the lunch break in Tokyo, having opened in the positive and hold over there for the most part of the day.
Gold is unchanged at $1366, while Oil has also stabilized below the $106.5 after yesterday's downfall from near the $109 handle. Mixed local data in New Zealand, with NZD/USD last at 0.8378 off session highs at 0.8393.
Main headlines in the Asian Session:
New Zealand – ANZ Job Advertisements for August: -1.4% (vs. prior +3.5%)
New Zealand Visitor Arrivals (YoY) rises to 6.2% in August from 5.9%
Australian press – RBA Edwards “I want to see a lower dollar”
Japan Foreign bond investment improves to ¥921.6B in September 13 from ¥-72.2B
Interest rate decision due from Reserve Bank of India this afternoon
World Bank president Sri Mulyani speaking again: Fed taper delay positive in short-term
BOJ Governor Kuroda: Japan economy expected to continue recovering moderately
EUR/USD is slightly higher last at 1.3538, AUD/USD at 0.9448, and Cable at 1.6045, while USD/JPY currently trades at 99.26 off early NY session highs at 99.69. The Nikkei index is down -0.2% after the lunch break in Tokyo, having opened in the positive and hold over there for the most part of the day.
Gold is unchanged at $1366, while Oil has also stabilized below the $106.5 after yesterday's downfall from near the $109 handle. Mixed local data in New Zealand, with NZD/USD last at 0.8378 off session highs at 0.8393.
Main headlines in the Asian Session:
New Zealand – ANZ Job Advertisements for August: -1.4% (vs. prior +3.5%)
New Zealand Visitor Arrivals (YoY) rises to 6.2% in August from 5.9%
Australian press – RBA Edwards “I want to see a lower dollar”
Japan Foreign bond investment improves to ¥921.6B in September 13 from ¥-72.2B
Interest rate decision due from Reserve Bank of India this afternoon
World Bank president Sri Mulyani speaking again: Fed taper delay positive in short-term
BOJ Governor Kuroda: Japan economy expected to continue recovering moderately