Back
9 Apr 2013
Session Recap: USD lower even against Yen; China CPI slows
FXstreet.com (Barcelona) - USD weaker overall is main event of this Tuesday's Asia-Pacific session, even losing ground against Yen, after printing yet another fresh multi-year USD/JPY high shy of key 99.70 level. Nikkei index also ends the session in the light red following a fresh almost 5-year high above the 13.3k mark.
Lower than expected China CPI prompted antipodean currencies like AUD and NZD on hope the PBoC will ease more soon, despite worse than expected business confidence in Australia. In New Zealand though confidence showed best results since early 2012.
EUR/USD ends the session higher above key resistance around the 1.3040 area, and USD/JPY slightly lower around the 99.25 mark, down from mentioned fresh highs at 99.65. Tensions in the region keep rising with Chinese warships entering conflicting island waters and North Korea reading for a nuke test, media says.
Main headlines in the Asian session:
EUR/USD Squeeze higher purely position driven
Forex: Euro remains firm and consolidates above the 1.3000
Forex: AUD/JPY shoots to fresh 57-month highs above 103.5
NZ 1Q Business confidence 23 from 20
Forex: EUR/JPY targeting 130.5 - 2ndSkiesForex
Fed's Bernanke speech: No momentary policy remarks
Japan press: Japan increasingly nervous about North Korea nukes
Aso: Excessive yen gain has been corrected
Forex: USD/JPY on track to 100.00; Aso jawboning just a little bump
Forex: NZD/JPY prints fresh 5-year highs above 84.00
Forex: EUR/USD absorbs 1.3025/50 supply; bullish case strengthens
China Consumer Price Index (YoY) falls to 2.1% in Mar from 3.2%
Forex: AUD/USD higher on China CPI
China CPI comes below estimates
newswires: 3 Chinese ships enter Japan waters near Senkaku/Diaoyu Islands
Forex: EUR/USD hits 3 ½ week high; fresh upside potential
Lower than expected China CPI prompted antipodean currencies like AUD and NZD on hope the PBoC will ease more soon, despite worse than expected business confidence in Australia. In New Zealand though confidence showed best results since early 2012.
EUR/USD ends the session higher above key resistance around the 1.3040 area, and USD/JPY slightly lower around the 99.25 mark, down from mentioned fresh highs at 99.65. Tensions in the region keep rising with Chinese warships entering conflicting island waters and North Korea reading for a nuke test, media says.
Main headlines in the Asian session:
EUR/USD Squeeze higher purely position driven
Forex: Euro remains firm and consolidates above the 1.3000
Forex: AUD/JPY shoots to fresh 57-month highs above 103.5
NZ 1Q Business confidence 23 from 20
Forex: EUR/JPY targeting 130.5 - 2ndSkiesForex
Fed's Bernanke speech: No momentary policy remarks
Japan press: Japan increasingly nervous about North Korea nukes
Aso: Excessive yen gain has been corrected
Forex: USD/JPY on track to 100.00; Aso jawboning just a little bump
Forex: NZD/JPY prints fresh 5-year highs above 84.00
Forex: EUR/USD absorbs 1.3025/50 supply; bullish case strengthens
China Consumer Price Index (YoY) falls to 2.1% in Mar from 3.2%
Forex: AUD/USD higher on China CPI
China CPI comes below estimates
newswires: 3 Chinese ships enter Japan waters near Senkaku/Diaoyu Islands
Forex: EUR/USD hits 3 ½ week high; fresh upside potential