Eamonn has a well-deserved day off so I’ll be keeping an eye on things in Asia. Here are the early indications, which don’t show some yen strength and Canadian dollar weakness:
- EUR/USD 1.3383/88
- USD/JPY 98.57/62 (down about 15 pips after falling as low as 98.21)
- GBP/USD 1.5570/75
- USD/CHF 0.9208/16
- USD/CAD 1.0508/15
- AUD/USD 0.9034/41
- NZD/USD 0.7800/09
Each week’s usual caveats apply – it is very illiquid and prices can move sharply on not very much at all.
USDJPY daily chart – will it reject the downtrend again?