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1 Apr 2013
Session Recap: Yen the big winner, USD follows thru
FXstreet.com (Barcelona) - A quiet session today to the start the week off in Asia-Pacific with only a big push higher on USD across the board but against Yen, putting EUR/USD down to 1.2780, AUD/USD to 1.0385, and USD/CHF up to 0.9530. Yen was the big winner though on the back of soft Tankan survey results, ending as the strongest currency among all majors.
Local share markets were all in the red with Nikkei index down around -1%, Australian ASX -0.57%, Hang-Seng -0.74%, Kospi -0.42%, and Shanghai -0.13%. Gold and Oil started the week both gapping higher but didn't take long before they both turned lower, Gold still slightly on the positive, while Oil turned negative, currently a bit off session lows.
PMI Manufacturing data coming out of China showed a 50.9 figure in the official one, although better than previous, it was below expectations, while the HSBC final one came in totally in line with expectations.
Napolitano got a call from Draghi
Italian politics remain in state of discordancy
Japan: Q1 Tankan results
Forex: USD/JPY stalls below 94.40 on soft Tankan
Analyst: ” RBA’s easing phase is done”
Forex: EUR/JPY heaviness stays; watch 121.60/85 supply
Forex Flash: RBA likely to reiterate easing bias tomorrow - Westpac
China Mar NBS Manufacturing PMI improves to 50.9 vs 50.1
Forex: AUD/USD below 1.04 after disappointing China PMI
China PMI comes below expectations
Forex: USD/JPY dips further, 94.00 holds
China HSBC at 51.6, meets expectations
Cyprus large depositors face 60% in losses
Forex: AUD/JPY lowest in 2 weeks, holds above 97.50
Local share markets were all in the red with Nikkei index down around -1%, Australian ASX -0.57%, Hang-Seng -0.74%, Kospi -0.42%, and Shanghai -0.13%. Gold and Oil started the week both gapping higher but didn't take long before they both turned lower, Gold still slightly on the positive, while Oil turned negative, currently a bit off session lows.
PMI Manufacturing data coming out of China showed a 50.9 figure in the official one, although better than previous, it was below expectations, while the HSBC final one came in totally in line with expectations.
Napolitano got a call from Draghi
Italian politics remain in state of discordancy
Japan: Q1 Tankan results
Forex: USD/JPY stalls below 94.40 on soft Tankan
Analyst: ” RBA’s easing phase is done”
Forex: EUR/JPY heaviness stays; watch 121.60/85 supply
Forex Flash: RBA likely to reiterate easing bias tomorrow - Westpac
China Mar NBS Manufacturing PMI improves to 50.9 vs 50.1
Forex: AUD/USD below 1.04 after disappointing China PMI
China PMI comes below expectations
Forex: USD/JPY dips further, 94.00 holds
China HSBC at 51.6, meets expectations
Cyprus large depositors face 60% in losses
Forex: AUD/JPY lowest in 2 weeks, holds above 97.50