Antipodeans Rise, Yen Slips In Quiet Asia-Pac Session

Market closures in China and Taiwan limited activity in the Asia-Pacific timezone, leaving participants to assess weekend developments. Antipodean currencies led gains in G10 FX space while the yen brought up the rear, despite the risk of tighter Western sanctions against Moscow after Russian troops retreating from Kyiv suburbs left abundant evidence of their war crimes against civilian population. Signs of progress towards Iran nuclear deal and China's efforts to defuse tensions with the U.S. over audits may have offered some support to market sentiment.

• The Aussie dollar caught a bid in the Sydney morning, rising past the $0.7500 mark. Reminder that the RBA will deliver its monetary policy decision tomorrow, with the semi-annual Financial Stability Review coming up Friday.
• Yen sales resumed over the Tokyo fix negating an earlier spell of recovery. This pushed USD/JPY a handful of pips higher, with its RSI having another look into overbought territory.
• Today's data docket features U.S. factory orders & final durable goods orders as well as Canadian building approvals and BoC Business Outlook. Comments are due from a couple of BoE members, Gov Bailey and Dep Gov Cunliffe.