- USD/JPY triggered stops above the 88.50 barrier in very thin, late NY trade:
- Further gains in twilight trade took it to 89.35 before profit-taking emerged in early Tokyo:
- EUR/JPY broke above a twice-weekly high at 117.75 and has consolidated these gains:
- Japan’s PM Abe again vociferous about spending big to beat deflation:
- AUD/USD was unable to break through a barrier at 1.0600 but hasn’t fallen far either:
- Nikkei gained 1.5% on weaker Yen but other Asian indices were slightly lower:
- Gold $1675/oz:
- EUR/USD was surprisingly quiet in a 30 pip range:
- Chinese CPI higher than expected at 2.5% YoY:
- No change to South Korean interest rate policy.