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ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Corrective Bounce

AUDUSD TECHS

Bearish Threat Following Friday’s Sell-Off

EURJPY TECHS

Finds Support Below The 50-Day EMA

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Bank of Japan Deputy Governor Masayoshi Amamiya said on Wednesday that an economic recovery will likely become clearer around the first half of 2022 due to easing supply-chain disruptions and the government’s economic stimulus package.

"That's the main scenario. However, there are uncertainties over the outlook for the Omicron variant and for the supply-side restrictions, and the BOJ must carefully watch their developments.," Amamiya told reporters,

As for the special fund-providing measures, which are set to expire March 2022, Amamiya said that the BOJ will decide on it in a flexible manner either in December or January.