Intra-Day Market Moving News and Views USD/JPY
18 Apr 2014 01:29GMT
USD/JPY - 102.50.. Japan's FinMin Taro Aso who said Japanese govt's June growth strategy will include GPIF (Government Pension Investment Fund, the pension fund for Japanese public sector employees).
In Thur's NY session, Japan's 5th largest life insurer, Mitsui Life Insurance, plans to increase its yen bond holdings by about 100 bln yen ($97 mil) in the financial year to March, its investment planning manager said on Thur.
Yoichiro Matsuta, the head of investment planning depart., told a news conference that the company also plans to raise its foreign bond holdings by about 50 bln yen, including those with n without currency-hedging.
18 Apr 2014 01:18GMT
USD/JPY - 102.53.. Usd regained traction in Thur's NY session as release of upbeat U.S. data lent support to the greenback. Later, breaking news of a joint statement following 4-way talks in Geneva on the crisis in Ukraine ended with an accord which was aimed at taking the first steps of reducing recent tensions in the conflict (see our update at 16:42GMT) boosted risk sentiment, dlr rallied broadly, the pair climbed abv Wed's 102.37 high to 102.47. Another wave of st speculative buying in the dlr emerged at Tokyo open as the Nikkei continues its near term upmove, dlr hit an intra-day high of 102.57.
Despite intra-day resumption of this week's erratic upmove, beware of a swift pullback in this holiday-thinned Tokyo session as literally all key centres are closed for the Easter Friday holiday, so intra-day volatility may increase when Tokyo market ends.
18 Apr 2014 01:29GMT
USD/JPY - 102.50.. Japan's FinMin Taro Aso who said Japanese govt's June growth strategy will include GPIF (Government Pension Investment Fund, the pension fund for Japanese public sector employees).
In Thur's NY session, Japan's 5th largest life insurer, Mitsui Life Insurance, plans to increase its yen bond holdings by about 100 bln yen ($97 mil) in the financial year to March, its investment planning manager said on Thur.
Yoichiro Matsuta, the head of investment planning depart., told a news conference that the company also plans to raise its foreign bond holdings by about 50 bln yen, including those with n without currency-hedging.
18 Apr 2014 01:18GMT
USD/JPY - 102.53.. Usd regained traction in Thur's NY session as release of upbeat U.S. data lent support to the greenback. Later, breaking news of a joint statement following 4-way talks in Geneva on the crisis in Ukraine ended with an accord which was aimed at taking the first steps of reducing recent tensions in the conflict (see our update at 16:42GMT) boosted risk sentiment, dlr rallied broadly, the pair climbed abv Wed's 102.37 high to 102.47. Another wave of st speculative buying in the dlr emerged at Tokyo open as the Nikkei continues its near term upmove, dlr hit an intra-day high of 102.57.
Despite intra-day resumption of this week's erratic upmove, beware of a swift pullback in this holiday-thinned Tokyo session as literally all key centres are closed for the Easter Friday holiday, so intra-day volatility may increase when Tokyo market ends.
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