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Forex pairs in this Article » EUR/USD, GBP/USD (Barcelona) - The Australian Dollar has been the out-performer along Asian hours, a session in which the calendar offered little to get excited, with only the BoJ policy announcement, which as expected, came unaltered.

We wrote about two developing stories in Australia to bear in mind for the months to come, as they might have an impact on how the RBA perceives monetary policy decision going forward. The increase in house prices coupled with talk of increased fiscal spending , mainly aimed at new infrastructures to stimulate the economy, may cause the RBA re-think its stance should other factors warrant such move.

Meanwhile, the Bank of Japan concluded its policy meeting with no change in monetary policy. The Economic assessment was kept unchanged - economy is recovering moderately - adding that business sentiment continues to improve and that Capex is picking up. BoJ Governor Kuroda will be speaking in a press conference at 06.30 GMT.

G10 vs USD were quiet, consolidating gains/losses from Thursday. EUR/USD kept the 1.36, GBPUSD remains short term heavy after a double top, the AUD/USD looks constructive yet needs to break 0.9450, while USD/JPY is protected by 97.00 support.

In the Asian markets, China was closed, the Nikkei 225 hovered around -0.3% post BoJ, while the Hang Seng stood at -0.5%, with most index tracking the negative sentiment in Wall Street.

Main headlines in Asia

RBA rate cut call revised from Nov to Feb - Westpac

The new paradigm in the Forex market - HSBC

NZ property bubble moving into Australia? - Westpac

Bank of Japan: No change in policy

Higher government spending in Australia, low rates period over? - RBS

Two developing stories in Australia to bear in mind
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