Asia mixed with a selling bias

FXstreet.com (Barcelona) - Mixed results today in the Asia-Pacific to end the week, with major indexes like the Shanghai Composite or the Hong-Kong's Hang-Seng just opening both lower, down -0.6% and -0.3% respectively, while Korean Kopsi or Australian ASX still trading in the positive marginally.

Kospi is up +0.15% while ASX is up +0.22%. The Nikkei index is finding some support at the daily lows around 14250, still down -1.6% for the session so far, despite best inflation data in Japan since early year 2009.

Flashes: DXY still faces medium term upside risks - JPMorgan

The DXY on the daily continues to communicate that the pull back from the June high is short term corrective in nature against the medium term upside risks, John Normand and Niall O'Connor from JP Morgan Securities note.
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USD/SGD ranging between 1.26/1.27 all week long

The USD/SGD foreign exchange rate is last trading at 1.2644 bids, flat for the session so far and for the week, off recent session highs at 1.2648 on the back of broad USD weakness.
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