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5 Dec 2014
Asia Recap: USD/JPY breaks above 120.00 ahead of US NFP
FXStreet (Bali) - A sleepy session in Asia, dominated by mild weakness in Asian currencies (JPY, AUD, NZD), with focus now shifted to the US Non-Farm Payrolls report in the US.
AUD/USD continues to trade heavy, with sellers successfully defending the 0.84, printing the lowest for the session at 0.8365. NZD/ISD saw the rate slide towards 0.7760 before stabilizng circa 0.7770. USD/JPY was yet again the protagonist in Asia, hitting the 120.00 psychological level.
Key headlines
Australia AiG Performance of Construction Index fell from previous 53.4 to 45.4 in November
Japan JP Foreign Reserves rose from previous $1265.9B to $1269.079B in November
Japan unveils plan to aid small firms suffering from weak Yen
Australia's AIG construction index takes big hit in Nov
AUD/USD continues to trade heavy, with sellers successfully defending the 0.84, printing the lowest for the session at 0.8365. NZD/ISD saw the rate slide towards 0.7760 before stabilizng circa 0.7770. USD/JPY was yet again the protagonist in Asia, hitting the 120.00 psychological level.
Key headlines
Australia AiG Performance of Construction Index fell from previous 53.4 to 45.4 in November
Japan JP Foreign Reserves rose from previous $1265.9B to $1269.079B in November
Japan unveils plan to aid small firms suffering from weak Yen
Australia's AIG construction index takes big hit in Nov