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    Foreign exchange market. Asian session


    (Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

    00:30 Australia Westpac Consumer Confidence June 6.4% -6.9%

    02:50 Australia RBA's Governor Glenn Stevens Speech


    The yen surged after Bank of Japan Governor Haruhiko Kuroda said it was hard to see the currency falling further. The yen climbed after Kuroda said the currency has returned to levels it was at before collapse of Lehman Brothers Holdings Inc. He cited the real effective exchange rate, which is adjusted for inflation rates and trade with other nations.

    The Bloomberg Dollar Spot Index, a gauge of the U.S. currency versus 10 major peers, dropped 0.3 percent, extending its decline this week to 1.4 percent. Economists see almost a 40 percent chance that the Fed will delay a rate increase beyond September if jobs gains stumble or inflation fails to move higher, according to a Bloomberg News survey. Investors are looking ahead to retail sales data in the U.S. Thursday, after last week's jobs report showed the strongest hiring in five months.


    EUR / USD: during the Asian session the pair rose to $ 1.1305

    GBP / USD: during the Asian session, the pair was trading around $ 1.5380

    USD / JPY: during the Asian session the pair fell to Y122.75

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