Intra-Day Market Moving News and Views USD/JPY
23 Apr 2014 02:00GMT
USD/JPY - 102.59 ... U.S. dollar ratcheted higher from yesterday's low at 102.41 to 102.69 in Tokyo morning due to the rise in Nikkei-225 index which rose by more than 100 points, however, selling interest emerged below yesterday's high at 102.73 n price retreated to 102.57 after the release of less-than-expected Australian CPI data. Offers are tipped at 102.70 whilst bids are located at 102.45/50 with stops building up above 102.75 n below 102.40.
Japan FinMin Aso says 'need more time before Abeconomic reaches entire economy.'
BoJ's Nakaso says 'if change to BoJ's outlook, will make needed adjustment; thinks Japan economy resilient enough to ABSorb tax hike.'
Japan FinMin Taro Aso says 'Must ensure to keep Japan economy strong this year so government can proceed with next sales tax hike to 10%.'
BoJ's Kuroda sayswon't aim to lower fiscal burden after BoJ hits target; sustainable government finances need for sustainable growth; strongly hope government steadily tackles fiscal reform.'
Japan FinMin Taro Aso says 'Japan's regional economies are recovering.'
23 Apr 2014 01:31GMT
AUD/USD - 0.9328... Australia 1Q CPI came in at 0.6% Q/Q n 2.9% Y/Y, lower than the forecast of 0.8% n 3.2% respectively.
Aud sharply retreats from 0.9377 to 0.9325 after the release of CPI data.
23 Apr 2014 01:45GMT
China HSBC manufacturing PMI came in at 48.3, same as expectation.
23 Apr 2014 02:00GMT
USD/JPY - 102.59 ... U.S. dollar ratcheted higher from yesterday's low at 102.41 to 102.69 in Tokyo morning due to the rise in Nikkei-225 index which rose by more than 100 points, however, selling interest emerged below yesterday's high at 102.73 n price retreated to 102.57 after the release of less-than-expected Australian CPI data. Offers are tipped at 102.70 whilst bids are located at 102.45/50 with stops building up above 102.75 n below 102.40.
Japan FinMin Aso says 'need more time before Abeconomic reaches entire economy.'
BoJ's Nakaso says 'if change to BoJ's outlook, will make needed adjustment; thinks Japan economy resilient enough to ABSorb tax hike.'
Japan FinMin Taro Aso says 'Must ensure to keep Japan economy strong this year so government can proceed with next sales tax hike to 10%.'
BoJ's Kuroda sayswon't aim to lower fiscal burden after BoJ hits target; sustainable government finances need for sustainable growth; strongly hope government steadily tackles fiscal reform.'
Japan FinMin Taro Aso says 'Japan's regional economies are recovering.'
23 Apr 2014 01:31GMT
AUD/USD - 0.9328... Australia 1Q CPI came in at 0.6% Q/Q n 2.9% Y/Y, lower than the forecast of 0.8% n 3.2% respectively.
Aud sharply retreats from 0.9377 to 0.9325 after the release of CPI data.
23 Apr 2014 01:45GMT
China HSBC manufacturing PMI came in at 48.3, same as expectation.
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