Japan Nikkei Manufacturing PMI rose from previous 48 to 48.2 in April

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May 2, 2016

USD/JPY testing key supporting fibo area - Commerzbank

Axel Rudolph, analyst at Commerzbank noted USD/JPY's drop through 106.63 38.2% Fibonacci retracement of the move up from 2012 and trajectory towards the 200 month and week moving averages at 105.86/23.

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May 2, 2016

AUD/USD reclaims 5-DMA amid stabilizing equities

The AUD/USD pair quickly reversed a brief dip below 0.76 handle and climbed back higher in the Asian traders, as risk sentiment appears to get better amid holiday-thinned trading.

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