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Forex: Aussie jobs a big upset; Yen stalls the fall

FXstreet.com (Barcelona) - An Asian session dominated on Australian jobs data missing big time to the downside, showing labor market lost -36100 jobs in March vs -7500 anticipated, from previous +74000, making AUD/USD dive to fresh session lows below the 1.0500 mark.

EUR/USD and GBP/USD remained mostly unchanged, with Yen crosses printing fresh multi-year highs before stalling on relative Yen strength following best Japanese core machinery orders data in a year, and BoJ Kuroda comments saying BoJ policy will remain on hold for now.

All local share markets post gains following yet another record all time highs in US equity indexes, with Nikkei leading the way up +1.2% for the day printing highest level since July 2008. Gold stabilized a bit after its biggest single day sell off yesterday since Nov, and Oil remained unchanged around the $94.2 level.

Main headlines in the Asian session:

Lagarde: Big banks more dangerous than ever

Forex: EUR/USD peaked above 1.3100 after completing 375 pips advance in 5 sessions

List of who got the Fed minutes early

Commodities Brief: Gold lower on Cyprus plan

Fed’s Fisher: Fed has had a serious disussion about when and under what conditions to taper bond buys

Forex: NZD/USD achieves highest daily close since August 2011

New Zealand Mar Business NZ PMI declines to 53.4 vs 56

Forex: USD/JPY continues to edge higher, still eyeing 100.00

Japan Machinery Orders (MoM) rises to 7.5% in Feb from -13.1%

Japan Foreign bond investment down to ¥463.6B in Apr 5 from ¥732B

New Zealand finance minister English: If house price inflation stays at current rate it will cause highr interest rates

Forex: AUD/JPY breaks above 105; highest since 2007

Australia: Consumer Inflation Expectation (Mar): 2.2% vs 2.3%

Forex: USD/JPY comes into contact with 99.55/60 weak demand

Big miss in Australian jobs data

Forex: AUD/USD plunges on bad Aus jobs data

China New Loans up to ¥1060B in Mar from ¥620B

Forex: EUR/JPY notches another new high, +7.859% MTD in April

Forex: AUD/NZD breaks sharply lower after Aussie jobs data miss

Forex Flash: RBA downward pressure on yields to resume – RBS

Forex Flash: RBA cut back on the table after Aus jobs - NAB

Commodities: Crude Oil WTI finishes higher for 3rd day in a row, resistance at 95.00 in focus

Crude Oil WTI finished higher for a 3rd straight day, as buyers stepped in near the 93.40 level to take advantage of early weakness. It was an impressive day for Crude, with the majority of the metals/energy complex finishing sharply lower on the day. “The commodity is approaching the key $95 figure where it certainly could encounter sellers as the intra-day price action charts are showing this bullish move is still corrective (but is building upside momentum). Clearing out 95.50 would set up a test of 96.30 and 97.50,” notes Chris Capre, founder at 2nd Skies Forex.
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Forex: EUR/USD sellers won 1.31 battle, war north not over

The smooth sailing in the Euro was disturbed by selling interest stepping in at the 1.31 number, forcing a retreat in the exchange rate at 1.3050 where the currency seems to have caught a bid again ahead of Europe.
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