It was a day of very light news and data flow.

It was also a day of mixed fortunes for the USD. Broadly speaking the big dollar fell back a little (almost) across the board. EUR, AUD, NZD, even the hapless GBP, rose. USD/JPY, though is very little changed. It traded a little higher, towards 144.70 very early but subsided and is now circa 144.50 as I update. We had some commentary on yen weakness from Japanese finance minister Suzuki, but it was light on. This was offset somewhat by the Bank of Japan carrying out an unscheduled Japanese Government Bond buying operation,. Thus reaffirming, yet again, its ultra-loose monetary policy and thus cutting the legs out from under the yen!

On a more notable development Bitcoin ticked higher, towards but just short of hitting $US20K.

btc wrap chart 27 September 2022