Filed Under:
Forex pairs in this Article » AUD/USD, EUR/JPY, USD/JPY (Barcelona) - The Japanese Yen and the British Pound ended a quiet Asian session being the marginal losers. A vacant economic calendar coupled with Australian markets closed for holidays, resulted in micro ranges being formed.

The only minor excitement came in early Asian trade, when thin trading conditions led to short term speculators expanding Yen crosses into new highs, with the USDJPY recording a new high at 91.19 and EURJPY flirting with 123.00.

Main Headlines in Asia (in chronological order)

- BoJ 2% inflation plans to produce positive results in 6-12 months - Hamada

- USDJPY above 91.00 eyes 30-month highs

- EURJPY flirting with 123.00; 30m 20-EMA attracts dip buyers

- Japan Corporate Service Price (YoY) -0.4% in Dec

- Possible BoJ Shirakawa successor welcomes further Yen depreciation - WSJ

- AUDUSD, potential for a sharp decline to 1.0150 - FXA

- Yen crosses close gap in Tokyo

- Yuan levels close to equilibrium, China Central Bank says

- EUR net long for 2nd consecutive week - Nomura
comments powered by Disqus
Trading Center