Forex news for Asia trading Friday 18 March 2016
– Yen and yuan movers in Asia today.
USD/JPY dipped back towards the overnight low, and bounced, reigniting talk of BOJ ring-arounds to check on flows – unconfirmed. The Nikkei was hit lower too, and has since had a lacklustre bounce; at least there does seem to be some Japanese investor demand. Not enough to send it bouncing too much though: