Forex trading headlines for Asia Friday 12 September 2014

GBP jumped higher as the latest poll result leaked out (see bullets, above). It gained a little further in (very) early Asia but retraced pretty much its entire move higher as the session progressed and settled around 1.6235.

EUR was reasonable quiet, drifting around in a tight range but is net just tiny lower as I type.

USD/JPY continued to gain ground during the session, chewing through offers throughout the session … a similar story for EUR/JPY.

AUD and Kiwi were both heavy during the session, the AUD/USD finding bids at and ahead of 0.9080 … but it wasn’t enough …. stops were triggered below 0.9080 and it is barely off its session lows around 0.9065 as I type.

Gold traded to a 3 month low again while silver bettered it with a 12-month low.

Heads up for Australian dollar traders – data due from China over the weekend