USD and JPY gain in Asian trade as EURUSD slips from Friday’s US closing level | German manufacturing PMI shows fastest contraction in over 2 years-EURUSD falls back under 1.3150 on news | Gold falls sharply on opening as equities fall back on weak EU data
EURUSD rebounds slightly in very quiet Asian trade as JPY strengthens and AUDUSD lifts back over 1.03 | Gold lifts slightly overnight to around $1630 ahead of London opening | Swiss currency reserves rise CHF 10 billion from February to March
Gold falls sharply under support at $1667 as equities slip and USD rises coupled with prospects for higher US yields | AUD falls under 1.0300 as currency impacted by Fed minutes and release of unexpected trade deficit |
AUDUSD slips back as RBA points to potential slowing of economy | AUDCAD slips under 1.0300 for the first time since Dec 2011 | European equity markets open in slight negative territory as FX markets continue to trade largely sideways
USD and JPY remain on back foot as equity markets move higher in Europe | EURUSD trades in a sideways fashion in a tight range overnight as Q2 gets off to a quiet start | AUD rebounds sharply in Asian trade following a stronger than expected Chinese PMI
EURUSD regains lost ground as price lifts above 1.3350 again this morning on renewed optimism for EU finance ministers reaching ESM deal | EU finance ministers begin 2 day meeting in Copenhagen with ESM enlargement on the agenda
EURGBP maintains yesterday’s break out above 0.8370 despite making little upside progress ahead of the London opening | Gold remains near lows ahead of London opening after breaking back under 1670 yesterday afternoon | USDJPY breaks support at 82.60 as JPY gains due to financial year end demand
Gold edges higher above $1690 as risk returns and prospect of low US interest rates encourages fresh buying | GBPUSD eyes 1.6000 level as USD remains on the agenda again this morning | EUR crosses continue to push higher after early move lower is reversed in a continuation of risk on trade
Gold slips lower in overnight trade as Oil trades higher towards $106.50 on renewed Iranian conflict fears | EURUSD fails to breach 1.33 again in Asia overnight as price drifts back towards 1.3250 ahead of London opening | Markets quiet overnight as focus shifts to German IFO release at 9am this morning
JPY Strengthens Overnight As USD Falls Back Underneath 81.00
EURUSD rebounds from yesterdays low near 1.3105 to trade around 1.3155 in tight 20 pip Asian range overnight | AUD falls sharply from 1.0325 level following release of weaker than expected Q1 CPI inflation data | Talk of a sizeable move by BOJ at policy meeting on Friday to add some 5-10 trillion yen in additional QE