Intra-Day Market Moving News and Views
19 Jan 2016 02:13GMT
USD/JPY - ...... Dlr continues yesterdays gain in Asian trading as recovery in Asian stocks has boosted risk sentiment and a wave of renewed broad-based selling in yen vs usd, eur, gbp and aud is seen, the release of expected weak China GDP did not spook investors, suggesting consolidation with upside bias remains.
Bids are noted at 117.30-20 and more below with stops touted below 117.00.
On the upside, offers are tipped at 117.70/80 with some stops above 118.00.
Market is paying attention a slew of important economic data due out Tuesday with China 2015 Q4 annual GDP to come in at 6.8%, U.K. will release key inflation data for Dec, Germany will release ZEW economic sentiment, euro zone will release final Dec data.
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