There is a barrage of data due at 2350GMT: Data due from Japan today
Also,, we get the announcement at the conclusion of the BOJ meeting, and Kuroda’s press conference following later: Bank of Japan policy meeting concludes today – announcement expected around 0.300GMT
The orderboards today:
- Offers 98.00
- Offers 97.50
- offers 97.20/25 (97.30 is going to be technical resistance also)
- Offers 97.00 (yes, the round numbers really do attract interest)
- Offers 96.75/85, mingled with some stops above (96.70/75 is technical resistance)
- Bids 96.35/45 (some of these filled in already, but there is more). Trading stops below 96.30
- Bids 96.00 and also 96.10/20
It will be all eyes to the Nikkei again to see if yesterday afternoon’s puke continues today