Asia FX (and other) markets swings continue - yen, CAD, AUD, gold all over the shop

USD/JPY has had big swings during the session here to open the new year.

It popped higher early, to around 131.40:

• USD/JPY jumps back above 131 as Asia 2023 trade gets underway

And then fell back, hard:

• USD/JPY swings continue - drops under 130.00

Its not far from its lows now circa 129.90.

I haven't said much about CAD CAD The Canadian dollar (CAD) is the official currency of Canada and at the time of writing is the fifth most-held reserve currency in the world behind only the US dollar, euro, Japanese yen, and British pound.The CAD is commonly referred to as the Loonie by forex analysts and traders. At the time of writing, the CAD accounts for 2% of all global currency reserves.Its appeal is strong among central banking authorities given Canada’s economic strength, sovereignty, and historic stability.Originally i The Canadian dollar (CAD) is the official currency of Canada and at the time of writing is the fifth most-held reserve currency in the world behind only the US dollar, euro, Japanese yen, and British pound.The CAD is commonly referred to as the Loonie by forex analysts and traders. At the time of writing, the CAD accounts for 2% of all global currency reserves.Its appeal is strong among central banking authorities given Canada’s economic strength, sovereignty, and historic stability.Originally i Read this Term and AUD AUD The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank Read this Term, they've moved in larger than normal Asia time zone ranges:

• AUD/USD from lows under 0.6775 to highs now circa 0.6818
• USD/CAD gained early to just shy of 1.3620 and has since fallen back to circa 1.3356

NZD/USD has folowed a similar pattern to AUD. As has GBP/USD.

The EU vaccine to China news is being viewed positively:

• More on the "EU offers free COVID vaccines to China to help curb outbreak" story

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Gold, too, gaining: