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2 Oct 2013
Session Recap: AUD, NZD laggards; JPY leads
FXstreet.com (Barcelona) - Weakness in the antipodean currencies - Australian and New Zealand Dollar - was the dominant theme along Asian hours, with poor data out of Australia - building permits/trade deficit - the catalyst.
The Japanese Yen, despite off to a constructive start in the Tokyo open, was dragged lower as the Nikkei 225 wiped out minor early gains to comeback from its lunch break at -1.60%, taking the Yen into new highs ahead of Europe.
The Euro was well bid ahead of 1.35, with the British Pound being more heavy after the long-tailed bearish day on Tuesday. Chinese markets remain closed, together with India, although Hong Kong reopened with 1% gains.
Main headlines in Asia
Japan’s the black sheep among winning indexes in Asia
Gold’s on the abyss? Hits bimonthly lows
Australia HIA New Home Sales (MoM) rises to 3.4% in August from -4.7%
Australian building permits, trade deficit disappoint
EUR upside potential limited on ECB day - RBS
The Japanese Yen, despite off to a constructive start in the Tokyo open, was dragged lower as the Nikkei 225 wiped out minor early gains to comeback from its lunch break at -1.60%, taking the Yen into new highs ahead of Europe.
The Euro was well bid ahead of 1.35, with the British Pound being more heavy after the long-tailed bearish day on Tuesday. Chinese markets remain closed, together with India, although Hong Kong reopened with 1% gains.
Main headlines in Asia
Japan’s the black sheep among winning indexes in Asia
Gold’s on the abyss? Hits bimonthly lows
Australia HIA New Home Sales (MoM) rises to 3.4% in August from -4.7%
Australian building permits, trade deficit disappoint
EUR upside potential limited on ECB day - RBS