Forex Consulting

Japanese Lower House re-elects Abe as PM

PM Abe given the nod as widely expected after recent election victory 1 Nov The decision comes ahead of the imminent visit by US President Trump USDJPY currently 113.83 with a line in the sand seemingly forming at 113.80 in Asia. More support behind at that 113.60. Offers/res around 114.00 Copyright 2015 Forexlive.com

Forex Consulting

Australia Oct commodity index SDR yy 9.1% vs 19.4% prev

Australia Oct commodity index data now out 1 Nov – prev revised up from 18.3% – commodity index AUD 120.9 vs 121.9 prev revised up from 120.8 Commodity Prices measures the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia’s export income. Copyright 2015 Forexlive.com

Forex Consulting

ForexLive Asia FX news wrap: NZD surges on jobs beat

Forex news for Asia trading Wednesday 1 November 2017 Welcome to the kiwi show …. again! The New Zealand dollar jumped higher today to kick off Asia with across the board beats on the Q3 employment report. NZD/USD jumped 50-odd points to around 0.6890 before slowing a little and then eventually to a high just…