Asia pacific equity markets were mostly flat early on Thursday following a quiet overnight session on wall street. Moves in Asian share markets were mostly minor with Japanese markets closed for a holiday and the United States off for Thanksgiving. Chinese stocks fell early Thursday on concerns about new regulations.
EURUSD is currently seen trading above 1.1830 as the EUR gained over 0.1 percent against the US Dollar. The euro held on to gains as efforts continued to end Germany’s political impasse. The dollar index, which tracks the dollar against a basket of currencies was flat and is currently valued at 93.23. The yield on 10-year Treasuries fell four basis points to 2.32 percent.
USDJPY fell to lows of 111.06 earlier in the session near its lowest since Sept. 20 before retracing to current levels of 111.24. The overnight move was the largest single-day fall for the dollar against the yen since May. Overall the Pair remains net unchanged. was seen trading within a short range. The Japanese markets were closed for Holiday.
AUDUSD had a very small range early in Asian session today. Currently the Australian dollar is valued at 0.7620 against the US Dollar. Australia’s 10-year yield lost about two basis points to 2.51 percent. New Zealand dollar popped a few points higher following the retail sales report, currently the kiwi is seen trading at 0.6883 against the US Dollar,
IC Markets is revolutionizing on-line forex trading; on-line traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals.