Forex news for Asia trading Wednesday 17 June 2015

Oil pretty much kicked off the day, with the API data release boosting it 25 or so cents before that was all given back ... the rest of the session was spent shuffling sideways.

EUR/USD had a quiet time until mid-morning Tokyo when it started to edge higher, putting on near 20 points from earlier lows before settling just below 1.1260 (as of writing). No fresh news ... and lets face it that's a garbage range. EUR crosses were generally higher with it. (Update: As I post EUR/USD has popped to 1.1265 and just above)

The CHF, too, gained somewhat, with USD/CHF trickling 15-odd points lower. Again, no fresh news.

USD/JPY had some small swings to gain a few points overall on the day.

AUD/USD was a reasonable mover. it spent the first few hours mainly above 0.7750, but when the early lows broke it saw persistent selling interest (macro fund names mentioned in the market) down until below 0.7720 where it has held (as of writing).

NZD/USD followed a similar pattern, down towards 0.6960 before stabilizing.

Cable was more or less unchanged in a very narrow range.

Gold was a few dollars weaker on the day.

Still to come ... FOMC!