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Muted Session Across G-10 In Asia

FOREX

There has been a muted session across G-10 FX in Asia; the Yen is a touch pressured however ranges remain narrow, and the Antipodeans are marginally firmer. Cross asset flows remain subdued this morning.

  • USD/JPY sits at ¥142.60/65 ~0.2% higher today, the ¥143 handle remains intact. Trend conditions remain bearish, immediate support is at ¥141.87 (22 Dec low) and ¥140.97, low from Dec 14. Resistance comes in at ¥144.96, high from Dec 19.
  • AUD/USD is ~0.2% firmer, the Aussie is marginally outperforming in the space, and is consolidating above the $0.68 handle.
  • Kiwi is ~0.1%, ranges have been narrow as NZD/USD holds above the $0.63 handle this morning.
  • Elsewhere in G-10 there are no moves of note to report.
  • The docket in Europe is thin today.

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