Asian market open: AUD/JPY moving higher in early interbank trade.

FXWW Asia Open Briefing 01-09-2013

Many thanks again to Milan for his excellent overview.

AUD/USD is a bit higher in early interbank trade, currently around .8940 and USD/JPY is also a bit higher, trading now around 98.45 from a close on Friday near 98.20. Decent PMI data out of China over the weekend have helped the cause.

Today is a US holiday which might keep things subdued but the market should start returning to ‘normality’ tomorrow. Good luck today.