Asia Session Recap

Daily Forex Fundamentals | Written by Forex.com | May 28 09 02:44 GMT |

Today's Asia session saw a resumption of JPY weakness, as risk seemed to be the theme. USJPY jumped through NY highs close to the 96 handle and the Yen crosses followed suit. EURJPY was higher by nearly 100 pips from opening levels, and AUDJPY was higher by the same with some slight help from a strengthening AUDUSD. Traders looking for some profit taking following massive gains in the greenback into the closing hours of NY were rewarded in most of the majors Ahead in the upcoming London session, traders will look for the bounce to continue. Also in focus will be German employment numbers and UK retail numbers. The final Asian session of the week will see Japan CPI and employment numbers. Forex.com http://www.forex.com DISCLAIMER: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase of sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.