• Asian session: The yen fell

Market news

23 March 2016

Asian session: The yen fell

The euro edged down as Asian investors reacted to overnight news of attacks in Brussels. Attacks on Brussels airport and a rush-hour metro train in the Belgian capital, which occurred late in Tuesday's Asian session, killed dozens and triggered security alerts across western Europe.

The yen fell as Japan officially selected Makoto Sakurai, a supporter of negative interest rates, as a new Bank of Japan board member Wednesday, a move likely to tip the balance of opinion on the board more in favor of Gov. Haruhiko Kuroda. The upper house of Japan's parliament approved Sakurai to take the post, following a similar decision in the lower house the previous day.


EUR / USD: during the Asian session, the pair was trading in the $ 1.1200-25

GBP / USD: during the Asian session the pair fell to $ 1.4180

USD / JPY: during the Asian session, the pair was trading in range Y112.10-45


Based on Reuters materials

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.