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Forex pairs in this Article » AUD/USD, GBP/USD, USD/JPY
FXstreet.com (Barcelona) - Amid a mid-low volatile Asian session, the Japanese Yen ends being the best performer for a third consecutive day. Gains began limited, yet once USDJPY broke through 88.35, sharper gains were achieved. Traders are growing increasingly worried that Japan may be running out of catalysts to weaken the Yen in the short run, after yesterday's BoJ disappointment. On the flip side, the Australian Dollar was the main laggard, unable to sustain gains from Tuesday after weaker-than-expected CPI read-outs.

Main headlines in Asia (in chronological order)

- Bank of Canada to downgrade growth forecast tomorrow

- Yen crosses lacking upside catalyst post BoJ?

- Australia Nov Westpac Leading Index (MoM) up to 0.6% vs 0.1%

- USDJPY retesting BoJ low at 88.36; break paves way to 87.80

- Fitch: Potential Aussie decoupling bad news for miners

- Australian CPI lower overall; enough to increase odds for RBA cut?

- AUDUSD slips below 1.0550 on weak Aus CPI

- USDJPY off lows; Abe says need to correct strong Yen

- Market running out of catalysts for additional Yen weakness - Nomura

- Market Chatter re USDJPY buyers under 88.40

As BoJ policy stands, nothing changes - FT

- USDJPY moves below mid term ascending trend line, still above 88.00

- AUD: Chances of a February rate cut seen at around 40%

- GBPUSD holds above 1.5800 ahead of a busy day for the pair
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