Forex Brief: EUR/USD Gains Continue, USD/JPY Remains Supported By Abe


Consolidation, for the most part, is helping to contain any real FX moves ahead of the weekend.  However, the notion hasn't applied to either the USDJPY or EURUSD.  Both pairs are being supported higher by fundamental drivers, allowing for the likelihood of continued gains heading into late morning trade.

Events To Watch


Overnight Releases

UK Manufacturing Surprisingly Declines -
Prices Fall in Switzerland -
Yen Soars on Stimulus -

US Headlines

Canada Trade Deficit Widens -
US Trade Deficit Soars -
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