Equity markets across the Asia-Pacific region were mostly higher on the final trading day of what’s been a strong quarter. Most countries’ stock indexes are set to end the month higher, with solid earnings and broadly positive risk sentiment outweighing the region’s geopolitical concerns, in particular the escalation of tensions between North Korea and the U.S.
USDJPY had an active session early on Friday. Price is currently seen trading at 112.61 as the Yen lost 0.2 percent against the US Dollar. The pair printed a small high again after a period of consolidation earlier in the session. Today’s session saw a big amount of data hit from Japan along with the 'Summary of Opinions' from the Bank of Japan September meeting. Price was
EURUSD is currently seen trading at 1.1780 as the Euro advanced 0.4 percent against the US Dollar. Price had earlier reached highs of 1.8000 in previous sessions before losing some of its gains. The dollar index, which tracks the dollar against a basket of currencies rose 0.1 percent and is currently valued at 93.21.
AUDUSD is down from the session highs of 0.7850 and is currently seen trading around 0.7840, mainly due to price of iron ore declining once Chinese market opened. Australia’s 10-year bond yield declined about three basis points to 2.83 percent. Australian markets were a bit quiet as it is a holiday in Melbourne today and will be a holiday in Sydney on Monday. Likewise, the NZDUSD is seen trading at 0.7210 down close to 30 pips from the session highs of around 0.7240.
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