USD/JPY dips below 95 figure

FXstreet.com (Barcelona) - Last at 95.10, USD/JPY is down -0.95% for the current session alone adding to a -2.46% loss for the week so far, posting fresh 10-week lows at 94.39 while writing, falling sharply all of a sudden.

Yen is by far the strongest major currency for last 2 trading days with Nikkei at the moment down -5.81% for the day, last around the 12600 points, coming from fresh 5.5-year highs shy of the 16k mark just few weeks ago.

Immediate support to the downside for USD/JPY lies at recent fresh 10-week lows/Feb 12 highs 94.36/40, followed by March 18 lows at 93.98, while closest resistance shows at June 07 lows 94.95, followed by yesterday's lows at 95.13.

Jun 13, 2013

AUD/USD searching for direction post jobs data

After trading as high as 0.9520 immediately after the AUD jobs data release, the AUD/USD has surrendered initial gains and is drifting back towards the 0.9480 level and currently flat on the session.

Equities blood bath in Asia-Pacific

With Chinese markets opening for first time in the week after a long holiday period, all local share markets are in the deep red, with Nikkei index leading the way down losing more than -6% around the 12450 points at certain point in time.