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18 Jun 2013
Session Recap: Aussie eases on RBA; USD broadly stronger
FXstreet.com (Barcelona) - USD has advanced across the board today in the Asia-Pacific specially against Aussie, but also against Yen, Euro, Pound, or Kiwi, back to 80.71 for the USD index spot (DXY) paring some of the losses from late NY session when fell from weekly highs at 80.87.
EUR/USD has printed session lows at 1.3353, and AUD/USD at 0.9499, while USD/JPY posted session highs at 94.95. Gold and Oil as usual in last trading days little changed although both slightly to the downside, with local share markets mostly trading in the negative.
RBA minutes showed the Australian central bank left current stance of monetary policy as appropriate, the RBA said, while leaving door open for further easing given the inflation outlook, in case should that be required to support demand. China CB leading index came in lower than expected at +0.3% from previous +1.5%, at lowest level of 2013.
Main headlines in the Asian Session:
Japan’s economy minister Amari: Abenomics well received at G8 summit
Flash: The Fed 'tapering’ will happen - Nomura
Commodities Brief: Precious metals still searching for direction
RBA minutes: Inflation outlook provides scope for further easing
AUD/USD plummets below 0.9530 post-RBA minutes
China CB Leading Economic Index down to 0.3 in May from 1.5
Today’s option expiries
EUR/USD has printed session lows at 1.3353, and AUD/USD at 0.9499, while USD/JPY posted session highs at 94.95. Gold and Oil as usual in last trading days little changed although both slightly to the downside, with local share markets mostly trading in the negative.
RBA minutes showed the Australian central bank left current stance of monetary policy as appropriate, the RBA said, while leaving door open for further easing given the inflation outlook, in case should that be required to support demand. China CB leading index came in lower than expected at +0.3% from previous +1.5%, at lowest level of 2013.
Main headlines in the Asian Session:
Japan’s economy minister Amari: Abenomics well received at G8 summit
Flash: The Fed 'tapering’ will happen - Nomura
Commodities Brief: Precious metals still searching for direction
RBA minutes: Inflation outlook provides scope for further easing
AUD/USD plummets below 0.9530 post-RBA minutes
China CB Leading Economic Index down to 0.3 in May from 1.5
Today’s option expiries