Equity markets across the Asia-Pacific region were down early on Friday as a sense of growing unease gripped financial markets over concerns of Terrorist attack in Barcelona as well as political uncertainties in the U.S
USD/JPY dropped below 109.40 as The dollar posted its third session of losses against the yen, falling 0.15 percent in value. Meanwhile the EUR/JPY approached 128.00 and is currently seen Trading around today’s open at around 128.30 now.
EUR/USD up almost 0.1 percent on Friday gaining from its lows (circa 1.1710) to $1.17305, making up some of the previous session's 0.4 percent drop. From a technical perspective, the Euro aggressively whipsawed through the 1.17 handle yesterday, challenging the demand at 1.1650-1.1664.
GBP/USD has ticked up from lows of around 1.2860 and is currently seen trading around 1.2890. It is notable that since Tuesday, the Cable has been Consolidating between the 1.29 handle and the mid-level support at 1.2850.