Quick overview of Asian FX trade
- Stops targeted below 113.65 in EUR/JPY in early pre-Tokyo trade:
- Australian retail sales disappoints, -0.1% MoM against expectations of +0.3%:
- USD/JPY rallied quite sharply in Tokyo morning trade amid quite poor liquidity:
- Alcoa’s generally favourable earnings report gave Asian shares a boost:
- Iron ore keeps on rising, steady now above $150:
- Gold steady at $1662/oz.