Forex news for Asia trading Tuesday 6 January 2015

A subdued day for EUR/USD after Monday’s dramatic early Asian start to the week, finding some buying ahead of 1.1925 and sellers just above 1.1950. Cable tracked a similar sort of pattern, from lows in early Tokyo time it ticked 25-odd points higher before settling mid-range on the session.

USD/JPY was heavy overall, but put in some decent 20-30 point swings. Its nearly sitting on the session lows as I type.

AUD/USD and NZD/USD both gained on the day – with stimulus moves out China cited as providing support.

Oil was a fraction off its lows and pretty much sideways for the day, while gold edged a little but higher.

Still to come: