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Session Recap: Yen volatility jumps out of the window; Others remain calm ahead of NFP

FXstreet.com (Barcelona) - What a final session of the week for Tokyo traders today with China closed for holidays and local share markets down dragged on Hong-Kong losing more than -2% on the back of bird flue fears, while Nikkei index gained at some point of the early session more than +4%, adding to yesterday's +2.2% advance.

BoJ Kuroda was confirmed by Japanese lower house, giving a speech on his compromise to keep pushing on monetary easing measures until decent gains in inflation rates are seen. USD/JPY printed a fresh 3.5-year high at 97.18, while Nikkie index climbed above the 13k mark for the first time since pre-Lehman crisis, back in August 2008.

Other major currency pairs have been quiet over all, including commodities as Gold and Oil, while Hang-Seng index has extended the loses to -2.55% last, and USD/JPY flipped to the downside back to 96.20 lows, on the back of a broad USD selling move, and a 10 year Japanese bond massive sell off.

Main Headlines in the Asian session:

Yellen comments hitting the newswires now – will allow inflation >2% slightly and temporarily

Chinese markets closed again today

Forex: EUR/USD tests the 1.2950 ahead jobs report; More to come?

What the BOJ committed to yesterday

Forex: EUR/AUD stalls below 8-day highs at 1.2400

Aso – wont comment on bond yield level

Amari also speaking with reporters – Have to show there is no concern on fiscal sustainability

Japan Mar JP Foreign Reserves falls to $1254.4B vs $1258.8B

Forex: AUD/USD showing weakness below 1.0450

Forex Flash: NFP at 200k – Westpac

Forex: USD/JPY breaks above previous 3.5-year highs

Forex Flash: USD/JPY longs looking to take profit – TDS

USD/JPY – next barrier option at 97.25

Kuroda still going: The BOJ will continue easing until price growth is sustainable

Soros – Yen fall may become like an avalanche

Forex: EUR/JPY biggest single day rally on record above 125.30

Forex: EUR/USD below 1.2930 takes a pause ahead of key US NFP

Kuroda has been confirmed by the Japanese lower house as BOJ Governor

USD/JPY: Off the highs as 10 year yields climb

Tokyo stock exchange halts trading in JGB futures after sharp drop

Forex: USD/JPY dives below 96.30 on massive taking profit

Japan leading indicators feb: +2.5 vs +3.1 prev

Forex: EUR/USD flat-lined at 1.2915/20

The single currency keeps the negative tone on Friday, although trading above the key 1.2900 handle ahead of the US Payrolls. Market consensus expects the US economy to add 200K jobs in March vs. 236K in the previous month...
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