The New Zealand dollar fell sharply after consumer prices slumped in the
fourth quarter and the yen held weaker ahead of the latest Bank of
Japan statement on monetary policy.
USD/JPY traded at 118.77, up 1.02% in early Asia, while NZD/USD changed hands at 0.7637, down 1.84%. AUD/USD was also weaker at 0.8172, down 0.48% and EUR/USD held around 1.1550, down 0.46%.
In New Zealand, fourth quarter CPI data showed a quarterly drop in inflation of 0.2%, well below expectations of a flat quarter and year-on-year data at 0.8%, below the increase of 0.9% expected.
In Australia, the January Westpac-MI consumer sentiment is due at 1030 in Sydney (2330 GMT). In December, the index fell 5.7% m/m to 91.1, the lowest level since August 2011.
The main event for the day is due in Tokyo around 1230 (0330 GMT), with the BoJ due to make its policy announcement after its 2-day board meeting.
Read more Click Here / www.trade4x.net
USD/JPY traded at 118.77, up 1.02% in early Asia, while NZD/USD changed hands at 0.7637, down 1.84%. AUD/USD was also weaker at 0.8172, down 0.48% and EUR/USD held around 1.1550, down 0.46%.
In New Zealand, fourth quarter CPI data showed a quarterly drop in inflation of 0.2%, well below expectations of a flat quarter and year-on-year data at 0.8%, below the increase of 0.9% expected.
In Australia, the January Westpac-MI consumer sentiment is due at 1030 in Sydney (2330 GMT). In December, the index fell 5.7% m/m to 91.1, the lowest level since August 2011.
The main event for the day is due in Tokyo around 1230 (0330 GMT), with the BoJ due to make its policy announcement after its 2-day board meeting.
Read more Click Here / www.trade4x.net
No comments:
Post a Comment