- Japan Core Machinery Orders unexpectedly rise 1.4% in Feb.
- Australian Unemployment rate rises to 5.7% in March.
- South Korean Central Bank leaves rates unchanged.
- Japanese Government agrees to 15.4 Trillion Yen Stimulus.
Forex markets were very quiet today as traders looked at squaring up ahead of the Easter break.
AUDUSD came under pressure after the release of weak employment data, sitting under 7100 for most of the day, until Major Inv House bought a good amount sending it back above 71c and onto 7120. Range was 7051 – 7121.
EURUSD saw early sellers push it back to 1.3230 as US Dollar strengthened across the board in early trade. Afternoon EURJPY buying saw EURUSD trade back up to 1.3270. Traders were reluctant to hold any positions EURUSD as it ranged between 1.3230 – 1.3273.
USDJPY saw some afternoon buying through EURJPY. Range was 99.62 – 100.07
EURJPY held the 132 level all morning, for an afternoon run up to 132.78. Range 132.00 – 132.78.
GBPUSD traded in a very tight band, but felt bid all day on the back of EURGBP remaining under pressure. Range 1.4665 – 1.4729