The Nikkei is stablising just off its highs, but USD/JPY continues to creep higher. TSE about to close for the lunch break.
EUR/USD is slightly better bid too, benefiting from some EUR/JPY buyers.
AUD/USD has taken out stops above yesterday’s highs but hasn’t pulled back at all, its consolidatiing it gains at present in relatively light volume flows. AUD/JPY buyers doing it no harm too (orderbook here – offers not too far away)
Apart from USD/JPY, though, ranges are tight and if it wasn’t for the market being on guard for news from the US there would be some long lunches being planned and taken.
Asian stocks well bid on the session.
