Forex news for Asia trading Monday 23 February 2015
Weekend
- Forex technical trading: EURUSD still stuck in the range. How best to approach trading it
- Here's the reason to sell the euro in the bigger picture
- Swatch CEO Hayek says SNB removing cap showed weakness
- Cameron's Conservatives showing well in the latest election polls
- Draghi had his own contribution to make to the Greek deal on Friday
- Commodity currencies at the opposite ends of the spectrum
- Greek fin min confident partners will accept reforms
- Greek PM Tsipras makes a comical declaration of victory
- UK and US to hold talks on Ukraine today
- ECB rules out capital controls for Greece
- Hollande says the proposed deal with Greece is a "good compromise"
Monday:
Japan:
- Japan's top union body asks for biggest pay rise in two decades
- More from Japan PM's adviser Etsuro Honda
- Japan - Bank union to seek 1.5% base pay rise
- Etsuro Honda: No good reason for more BOJ easing now
- Stop me if you've heard this one already ... Nikkei hitting fresh 15-year highs
- Bank of Japan (BOJ) Governor Kuroda: CPI likley to accelerate as a trend
- Japan chief cabinet secretary Suga: Japan to deploy troops on Yonaguni
- More on the BOJ Minutes ... still optimistic on beating deflation ...
- Minutes of the January 20-21 Bank of Japan policy meeting
- Poll: 72% of Japanese firms see no need for more BOJ easing
Australia/New Zealand:
- CBA says Australian dollar may end the week below 0.7600
- RBNZ survey of inflation expectations - will low inflation skew risks toward an RBNZ cut?
- New Zealand dollar - BNZ raises forecast Fonterra 2014/15 payout to NZ$4.80/kg
- New Zealand PM Key speaking on fruit fly - NZ doing all it can to eradicate
- CBA on the agriculture risk to New Zealand
- New Zealand credit card spending for January: +6.2% y/y (prior +4.5%)
- BNZ on a risk to the New Zealand economy
- What's coming up from the Bank of England this week?
- Middle East oil and gas ministry - oil production at maximum output, oil price probably bottomed
- Greek finance minister says reform list almost ready
- What's coming up from the European Central Bank this week?
- What's coming up from the Federal Reserve this week?
Technical Analysis
- Technical analysis ... EUR/USD to 1.0072? - Elliot Wave from JP Morgan
- Technical analysis: GBPUSD video analysis
- Video: A technical look at the USDJPY for the week starting January 23rd
A reasonable move in the Swiss franc during the Asian timezone today, with USD/CHF moving higher in the very New Zealand morning before retracing a tiny amount then steadily climbing for pretty much the entire session. Up around 60+ points from Friday's end of day levels.
EUR/USD was more or less sideways the entire session ... which meant EUR/CHF managed a decent climb, up 80-odd points from Friday afternoon.
AUD and NZD are both marginally weaker on the session (as of writing), but very little in either at all.
Cable down a few tics, USD/JPY barely changed also, down a few tics if anything.
Oil and gold both ticked marginally higher on the day.