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New Zealand Building Permits s.a. (MoM) dipped from previous 0.1% to 0% in August

FXStreet.com (Barcelona)

USD/JPY pressing bears front lines at 109.50

USD/JPY is trading at 109.47, down -0.02% on the day, having posted a daily high at 109.52 and low at 109.46.
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RBNZ intervention: Not as successful as expected? - Nomura

Charles St-Arnaud, Economist at Nomura, notes that August's NZD interventions by the RBNZ may not have had much of an impact on the currency, as the currency only managed to depreciate by 1.6%.
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