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Yen Marginally Firmer

FOREX

JPY is marginally outperforming in early dealing in Asia on Friday. Elsewhere in the G-10 space there has been a muted start to the days trading.

  • USD/JPY is ~0.2% softer, the pair last prints at ¥133.50/60. Yesterdays dealing saw the pair deal in a ~200 pip range so moves have been modest thus far.
  • Kiwi is marginally pressured, NZD/USD prints at $0.6190/95 down ~0.1%. The pair met resistance above $0.62 and pared early gains to sit marginally lower.
  • AUD/USD is a touch firmer, however ranges are narrow and moves have had little follow through thus far.
  • Cross asset wise, US Treasury Yields are marginally higher, and BBDXY is little changed. US EQuity futures are a touch softer.
  • There is a thin data calendar in Asia-Pac today. Further out we have the final read of Eurozone CPI, US Industrial Production and UofMich consumer sentiment.
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