USD Down Against G10 Currencies, Ranges Tight On Light Data

The USD has slipped today, down again all G10 currencies with the BBDXY down 0.07% at 1,266.82. Focus in the APAC region has been on whether or not the BoJ will intervene in the currency, earlier we had Japanese CPI which came in below expectations, the currency initially traded above 159.00, before paring gains to trade unch for the day.

• NZDUSD is a touch higher today, up 0.10% at 0.6125. The pair is trading at the bottom end of the monthly ranges, with 0.6100 acting as support.
• AUDUSD is 0.18% higher at 0.6667 and currently at sessions best levels, although well within yesterday's ranges. AUDNZD is little changed today at 1.0884 near monthly highs.
• USDJPY is little changed at around 158.87 after earlier breaching 159.00, the pair has slid about 1% this week. Concerns remain around another intervention.
• EURUSD has edged higher since the open up 0.14% at 1.0717 at sessions best, although we still trade towards the bottom of the weeks ranges.
• The USDCNY fix today was 107pips wider than yesterday making new cycle wides. USDCNH sold off on the back of the fixing to 7.2840, we have recovered some of those moves but the pair is trading heavy at 7.2858 currently.
• The USDKRW gapped higher this morning and has been slowly giving up those gains, we now trade 0.22% at 1,387.15 vs 1,392.95 highs.
• Later we have UK retail sales, EU PMIs & US PMIs and Existing Home