Japan February leading economic index advanced to 27.3 percent, in line with expectations. Coincident index moves higher than expected, adding 30% against consensus of 15%.
New Zealand first quarter consumer price index rose 0.5% on the quarterly basis and 2.5% higher on the year on year comparison. The figure was comparably softer than expected but supported a Kiwi move up to just shy of the 0.7500 figure.
Kiwi currency hits 22 year peak on inflationary data as the sterling leaps to 26 year high.
UK March jobless claims change declined by 9.2K, softer than expected and the lowest in more than a year. However, earnings growth accelerated to the fastest pace since 2004, boosting expectations of another MPC rate hike.
Australia April Westpac consumer confidence declined by 0.2 % on the month over month.
Pullbacks in both Australian and Kiwi dollars put pressure on carry trade candidates in the short term, leading to losses in notable Japanese yen based pairs.
Luxembourgs Prime Minister Jean Claude Juncker warns financial markets against excessive speculation in the FX markets. Notes that trades should not embark on one way bets.
