April 30: Asian session
USD/JPY remains below the 98.00 mark. Yen is trading higher after a bunch of mixed economic data from Japan. Unemployment declined, household spending increased and manufacturing PMI came at 51.1. On the other hand, industrial production increased below forecast and retail sales contracted.
Risk appetite is up amid speculation the US will maintain stimulus and the ECB will cut interest rates. Demand for the greenback remains subdued. AUD/USD touched a fresh two-week high of $1.0375. NZD/USD holds at a two-week high of 0.8570.
EUR/USD rose above $1.3115. Yesterday euro closed a bit above the $1.3100 mark. GBP/USD is hovering around $1.5500 after having touched a fresh 10-week high of $1.5545 on Monday. USD/CAD is holding slightly above 1.0100.