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20 Aug 2013
Session Recap: Aussie and Kiwi plummet; Local share markets in the red overall
FXstreet.com (Barcelona) - Quiet Asian session in USD terms, but not so quite in “down under” terms as for Kiwi and Aussie both selling off on news related to each country's central banks, with AUD/USD last at fresh weekly lows 0.9075 and Kiwi at 0.7990.
EUR/USD is few pips higher last at 1.3342 awaiting tomorrow's FOMC minutes, while USD/JPY is pretty much unchanged for the session being, last at 97.67, off recent session highs at 97.85. The same for Cable, that trades at the moment around the 1.5650 level.
Local share markets are all in the red but the Shanghai Composite that advances a small +0.12%. The Nikkei index is down -0.53% at the lunch break in Tokyo, while the Hong-Kong's Hang-Seng leads the way lower down -0.88%. Gold settles around the $1366 level while Oil holds above the $107 handle.
Main headlines in the Asian Session:
July Federal labor report not a ringing endorsement for September tapering
Jiji press: Japan’s LDP tax panel’s Noda says the sales tax rise in inevitable
RBA minutes: Not imminent intention to reduce rates further?
AUD/USD, sellers in control post RBA short-lived rally
RBNZ announces macro−prudential policy measures
New Zealand data: 2 year inflation expectations rise to 2.4% in Q3 (vs. 2.06% prior)
EUR/USD is few pips higher last at 1.3342 awaiting tomorrow's FOMC minutes, while USD/JPY is pretty much unchanged for the session being, last at 97.67, off recent session highs at 97.85. The same for Cable, that trades at the moment around the 1.5650 level.
Local share markets are all in the red but the Shanghai Composite that advances a small +0.12%. The Nikkei index is down -0.53% at the lunch break in Tokyo, while the Hong-Kong's Hang-Seng leads the way lower down -0.88%. Gold settles around the $1366 level while Oil holds above the $107 handle.
Main headlines in the Asian Session:
July Federal labor report not a ringing endorsement for September tapering
Jiji press: Japan’s LDP tax panel’s Noda says the sales tax rise in inevitable
RBA minutes: Not imminent intention to reduce rates further?
AUD/USD, sellers in control post RBA short-lived rally
RBNZ announces macro−prudential policy measures
New Zealand data: 2 year inflation expectations rise to 2.4% in Q3 (vs. 2.06% prior)