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Forex: USD/JPY falls again to the opening price near 96.00

The USD/JPY is failed its attempt at extend the upside again after peaking at 96.20 just ahead of the NY opening and allowing a down move back towards the opening price of 96.04 and the 96.00 mark, by going as low as 96.02.

This month's BoJ meeting minutes will be published at 23:50 GMT and investors might be very interested. Also out will be Japan's BSI Large Manufacturing, Domestic Corporate Goods Price Index and Tertiary Industry Index.
Both 3 and 6-month debt auctions in the US saw average yields falling slightly, from 0.11% to 0.095% and from 0.12% to 0.115%, respectively.

“Friday's impulsive rise reached local peak at 96.60 and current pullback is a corrective one, preceding next wave upwards, to 97.60”, wrote Deltastock.com analyst Stoyan Mihaylov, pointing to initial support at 95.10, followed by the major hurdle at 94.50.

Forex: EUR/USD approaches daily highs

The EUR/USD is (very) slowly pushing higher as the US session unfolds after a session low at 1.2988. So far, the pair has gone to 1.3014 and is approaching the early European high of 1.3025 as it attempts at recording a bounce movement from Friday's plunge on stronger-than-expected US NFP data.
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Forex: GBP/USD trimming earlier losses

After bottoming in the area of 1.4865/70, the sterling has managed to pick up pace and leave behind the key resistance of 1.4900, climbing to the area of 1.4915/20 although faltering later....
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