28 Oct 2014
Asia: Slow markets ahead of FOMC
FXStreet (Bali) - A very slow Asian session, with the primary theme still being USD a tad softer on position adjustment - as seen on Monday - ahead of Wednesday's FOMC outcome.
AUD/USD exhibited a mildly bullish tone, printing a session high of 0.8828 before retracing a few pips towards 0.8820. NZD/USD chewed through some weak stop at 0.79 before stalizing around the round number. USD/JPY tested 108.00 psychological number before returning towards its NY close at 107.80. EUR and GBP were paid at 1.27 and 1.6130 respectively.
Japan was the only country publishing relevant economic indicators, with the retail trade s.a (MoM) increased to 2.7% in September from previous 1.9%, while large retailer's sales were down to 0.5% in September from previous 1.6%.
AUD/USD exhibited a mildly bullish tone, printing a session high of 0.8828 before retracing a few pips towards 0.8820. NZD/USD chewed through some weak stop at 0.79 before stalizing around the round number. USD/JPY tested 108.00 psychological number before returning towards its NY close at 107.80. EUR and GBP were paid at 1.27 and 1.6130 respectively.
Japan was the only country publishing relevant economic indicators, with the retail trade s.a (MoM) increased to 2.7% in September from previous 1.9%, while large retailer's sales were down to 0.5% in September from previous 1.6%.