- Japanese Q2 corporate capex -1.7%
- Rio Tinto says Q4 iron ore prices to fall by 13.3%
- Japan sees likely US opposition to any FX intervention
- China gives market a glimpse into its FX reserves
- Regional stockmarkets give back early gains, unmoved on day
The AUD is the only currency which has moved a little, falling slightly against all other majors on general risk-off Friday sentiment and after Rio Tinto announced the fall in iron ore prices for Q4. Ranges: AUD/USD .9076/.9115.
EUR/USD has hardly moved inside a 20 pip range as traders are happy to sit back and await the NFP later today. EUR lost a little ground on the crosses but all moves have been very small. Ranges: EUR/USD 1.2813/35, EUR/CHF 1.2974/1.3000
Cable has been similarly quiet in a 1.5391/1.5427 range, EUR/GBP .8313/33
USD/JPY range 84.24/42
Markets: Nikkei, HK flat; Seoul, Sydney +0.15%. Gold $1252/oz, Oil $76.25/bbl.
