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14 May 2013
Session Recap: USD weakens, Yen strengthens
FXstreet.com (Barcelona) - USD slipped from the 83.20 level of USD index to below the 83 round in early Tokyo trade, taking EUR/USD up with it to fresh session and week highs at 1.3025, USD/JPY to fresh weekly lows at 101.34, USD/CHF to fresh weekly lows at 0.9520, AUD/USD to session highs at 0.9993, and NZD/USD to session highs at 0.8291.
Gold and Oil jumped on the move, both above the $1445 and $95 mark respectively, while local share markets started in the positive but finally showing mixed results with Shanghai down more than -1.5% and Hang-Seng back to break even from a previous near +1% gain. Copper also declined to fresh weekly lows around the $3.20 level, all with US SP500 futures near session highs above the 1630 points mark.
In the data front New Zealand posted weaker than expected retail sales, while Japan released better than expected inflation data, showing improvement in this field, following massive monetary policy easing in last months.
Main headlines in the Asian Session:
UK conservatives to draft bill on Tuesday for EU membership referendum by end of 2017
Forex: EUR/JPY range bound above 132.00
Forex: AUD/USD closes below parity for first time since June ‘12
Forex: US Dollar Index adds to gains, eyes resistance at 83.50
New Zealand Q1 retail sales falls short of estimates
Forex: Kiwi continues to slide, now trading at lowest levels since late March
Japan’s economy minister Amari speaking to reporters: Its better not to comment about FX levels
Forex: AUD/NZD edges higher after NZD retail sales data
Japan Domestic Corporate Goods Price Index (YoY) rises to 0% in Apr from -0.5%
Japan’s finance minister Aso: Bond yields rising as investors shift funds to stocks
Commodities Brief: Precious metals finally setting up for next leg down?
Forex: EUR/USD prints new weekly high above 1.30
Japan’s Suga: JPY correction has started to get the economy moving
US hedge funds turn bullish on the euro
Forex: AUD/USD attempts to recover some losses, edges higher in Asia trade
Gold and Oil jumped on the move, both above the $1445 and $95 mark respectively, while local share markets started in the positive but finally showing mixed results with Shanghai down more than -1.5% and Hang-Seng back to break even from a previous near +1% gain. Copper also declined to fresh weekly lows around the $3.20 level, all with US SP500 futures near session highs above the 1630 points mark.
In the data front New Zealand posted weaker than expected retail sales, while Japan released better than expected inflation data, showing improvement in this field, following massive monetary policy easing in last months.
Main headlines in the Asian Session:
UK conservatives to draft bill on Tuesday for EU membership referendum by end of 2017
Forex: EUR/JPY range bound above 132.00
Forex: AUD/USD closes below parity for first time since June ‘12
Forex: US Dollar Index adds to gains, eyes resistance at 83.50
New Zealand Q1 retail sales falls short of estimates
Forex: Kiwi continues to slide, now trading at lowest levels since late March
Japan’s economy minister Amari speaking to reporters: Its better not to comment about FX levels
Forex: AUD/NZD edges higher after NZD retail sales data
Japan Domestic Corporate Goods Price Index (YoY) rises to 0% in Apr from -0.5%
Japan’s finance minister Aso: Bond yields rising as investors shift funds to stocks
Commodities Brief: Precious metals finally setting up for next leg down?
Forex: EUR/USD prints new weekly high above 1.30
Japan’s Suga: JPY correction has started to get the economy moving
US hedge funds turn bullish on the euro
Forex: AUD/USD attempts to recover some losses, edges higher in Asia trade