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Main focus is still on the Yen

USD
  • The Dollar is fairly steady going into the European session, down just 0.17% against the Yen, 0.13% with the NZD, 0.12% versus the AUD.
  • The small early mover is the Swissy, pushing lower following the lower Swiss CPI, but moves have been limited in the Currency, with the likes of the USDCHF still only trading in 39 pips range.
  • Main focus remains on the Yen in FX, despite the 114 pips drop in USDJPY Yesterday, following the poorer US Data, USDJPY still trades closer to multi decades high, printed a 161.95 high Yesterday, and right now exchanges hands at 161.41.
  • AUDJPY made an attempt at 108.509, Yesterday's fresh 1991 high, so far failed at 108.505.
  • EURJPY printed a 174.52 high Yesterday, highest level since 1991, printed a 174.49 high today.

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