Forex and Bitcoin news for Asia trading Friday 21 September 2018

The yen was the mover, albeit only small, in Asia today. Sentiment in the market was said to be leaning risk on (more on this is a moment) sending a bit of flow out yen. USD/JPY and in turn yen crosses are little higher on the session.

The risk on, if that's what it was, seemed confined largely to stocks though with very little movement on currencies. EUR, GBP, AUD, NZD have barely moved. Oh, the HKD did have a sharp jump and shorts were squeezed.

Gold popped above 1208 on a small stop loss run.

Just on the Australian dollar, check out a longer term chart and have a look at the area around 0.73. Price appears to be on approach to a down trending line and it could well be sticky just above the figure.

Data flow today - the focus was Japanese CPI (August) although the release saw yen barely move. Core is still missing target, of course. The BOJ trimmed its purchase of JGBs today, the very quiet, very tiny stealth taper tip toes along.

Still to come: