- Sellers 0.9250
- Sellers 0.9200 and 0.9210/20 (trader stops above 0.9235)
- Some buyers 0.9150 (trading stops below 0.9140)
- Buyers 0.9100 and 0.9110
The only economic data due from Australia today is the trade balance.
The only other event of significance is the Bank of Japan policy meeting concludes today. There is no change of policy expected, but they may upgrade their economic forecasts.
What time is the BOJ announjcement? Generally speaking, the more there is for discussion and debate at a meeting, the later the announcement is to be expected
I don’t expect too much discussion today … So I’m thinking we’ll see the announcement very soon after 0300GMT, maybe even before.
BOJ Governor’s Kuroda press briefing after the meeting – scheduled for 0630GMT.
