Forex trading headlines for Asia Wednesday 30 July 2014


The market was more or less content to wait out the day ahead of major US data/FOMC later. Narrow ranges prevailed right across the G10 currency rates.

Oil and gold showed little signs of life either.

But, if you have some time on your hands, check out the industrial production data from Japan (bullets, above). Very poor indeed. One official at METI saying the fall for 5 consecutive months is “similar to last time Japan entered recession”.