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A bout of modest USD weakness ensued around...>

FOREX
FOREX: A bout of modest USD weakness ensued around the Tokyo fix, with JPY
demand apparent, which pushed USDJPY to fresh session lows of 109.20, but has
since unwound.
- Elsewhere the NZD benefitted briefly benefitted from a stronger than expected
NZ Manufacturing PMI release but eased after RBNZ Governor Orr noted that the
move lower in NZD after Thursday's MPS is in his view "a good thing."
- The majors are largely unchanged at the greenback as we head into European
hours.
- Friday's focus turns to the Canadian jobs report and US Uni. of Michigan
Confidence, as well as comments from ECB Pres Draghi & Fed non-Voter Bullard.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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