Forex news for Asia trading Tuesday 28 October 2014

A subdued sort of session in Asia today, dealers citing the upcoming FOMC as an excuse reason, but there was some choppy movement nonetheless.

A stand-out mover was gold, which sold to new lows from the overnight, halting ahead of $1222 and moving back steadily to hit just above $1332 before coming back again to be around its session mid point as I write.

Oil tracked a little lower to around $80.50 before bouncing back toward $80.75.

On currencies, the AUD and NZD found some buyers, the aussie more so, trading 30-odd points higher from session lows to once again take on 0.8820/30 and to be once again rejected from there (albeit only down toward 10/15 as I write).

GBP and EUR both had around 20-point ranges and finish close to where they were when I walked in this morning.

Plenty of chat from Bank of Japan (BOJ) Governor Kuroda and his deputy Iwata in Tokyo today in front of parliamentarians; EUR/JPY and USD/JPY trading more strongly in the Tokyo morning but giving back gains to a greater or lesser degree.