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Forex Flash: Yen bears v Gold bears - DBS Group

FXstreet.com (Barcelona) - DBS Group analysts note that the recent decline of Gold and the apparent tracking of its post decline price action by USD/JPY, has pitted Yen bears against Gold bears.

They see that this struggle poses a challenge to USD/JPY to move up to and above the psychological 100 level and with China moving the USD/CNY parity fixing lower, its no wonder that Asia ex Japan currencies have found more comfort in appreciating gradually with the Chinese Yuan.

Forex Flash: EUR/USD manages to hold 1.30 support - OCBC Bank

Emmanuel Ng of OCBC Bank notes that EUR/USD has managed to hold above 1.3000 support in recent sessions and the pair may continue to base build around these levels pending the G20.
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Forex Flash: Expect BoJ policies to see inflows into Asia ex Japan assets to ease - Nomura

Nomura strategists believe that t the new monetary policies of the Bank of Japan (BOJ) to lead to a limited increase in inflows into Asia ex-Japan (AeJ) assets.
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