South Korea HSBC/Markit Manufacturing PMI climbed from previous 49.1 to 50.7 in December

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Jan 4, 2016

USD/JPY: Relentless sell-off, 119.50 tested

USD/JPY remains under heavy pressure, with the selling resuming as Tokyo players return from their lunch break, with the spot last trading at a new 2 1/2 month low of 119.50 after a brief consolidation between 119.65-85.

Australian dollar's technicals do not look as constructive as the Canadian dollar - BBH

Research Team at BBH, notes that the Canadian dollar is the worst performing major currency in 2015, depreciating 16% against the US dollar.