Forex and Bitcoin news for Asia trading Friday 20 April 2018 Forex movements in Asia today quietened down after the overnight moves, but some extensions nevertheless.
USD/JPY sat below daily resistance level Rising 10 year yields towards the 3% level yesterday has USD/JPY lingering under 108 resistance. It’s make your mind up time for the USD/JPY. The Asian session continued the move in USD/JPY last night , so the next step would be for a retest of 108.
Xinhua with the article, via Reuters headlines Zero FX impact as these cross
Tuesday April 24 brings Q1 inflation data from Australia – Due at 0130GMT Headline inflation was last 0.6% q/q, 1.9% y/y – Core (trimmed mean) was 0.4% and 1.8% respectively (y/y below the 2 to 3% RBA target) An early preview via ANZ:
Nafta decision: timing is key An article on indicates that the future direction of CAD may largely be held in the balance by the timing of the impending NAFTA decision.
The UK National Audit Office (NAO) out with the big cost warning, higher than the £35bn-£39bn figure put forward by Theresa May – UK could pay an extra £3bn more in budget contributions
EUR/CHF at 1.2000: heading in the right direction Well this must a great sense of satisfaction for the SNB. The EUR/CHF back at the 1.2000 floor without them having to defend it.
An earlier post with a Canadian February retail sales and March CPI what to expect is here – CAD traders – inflation and retail sales data due today – preview More now –
IMF state debt at record levels Article out from Reuters. The International Monetary Fund have released a statement that Global debt has never been higher. It sits at a record $164 trillion dollars. They are urging countries to take action before economic and financial stability comes under threat.
Nearby large option expiries for tody at the 10am NY cut EUR/USD – 1.2300 euro 527m – 1.2305 925m – 1.2420 642m USD/JPY – 107.00 USD 389m – 108.00 636m GBP/USD