ForexLive Asia FX news: USD a little weaker

Author: Eamonn Sheridan | Category: News

Forex news for Asia trading Thursday 16 February 2017


Another small range day for Asia here. As the title says, there was some USD weakness. USD/JPY moved above 114.20 in the early part of the Tokyo morning but soon started to lose ground and dropped under 113.80 at one stage. There really wasn't much of significance in news nor data, & US yields didn't do a real lot.

EUR and CHF also showed some small gains against the dollar, as did GBP.

The focus during the timezone today was on the Australian jobs report (for January). The headline was a beat but the details were mixed indeed:

The Australian dollar had (finally) popped 0.77 during overnight trade (US timezone) and it maintained above the figure here in Asia but without much follow-through.

NZD also a touch higher on the session. Gold higher while oil is little changed.

Regional equities:

  • Nikkei -0.53%  
  • Shanghai +0.19%
  • HK +0.41%
  • ASX -0.08%


Still to come: