Forex news for Asia trading Monday 19 June 2017
Weekend
USD/JPY popped above 111 from circa 110.80 lows earlier in Asia today. Japanese data today was a little less supportive for the yen (a surprise trade deficit, but note that exports were still strong – see bullets above for details on the results) but the extent to which that drove yen selling is debatable – there was some broader USD strength evident also. Not a lot, but we did get some EUR and CHF weakness against the USD.