Japan Nomura/ JMMA Manufacturing Purchasing Manager Index improves to 52.2 in August from 50.7

Aug 30, 2013

EUR/JPY unchanged around 130 despite big moves in EUR and JPY against USD

The EUR/JPY foreign exchange cross rate is currently trading at 130.23 trapped inside a tight range despite big moves against USD in its respective EUR and JPY components, but both to the downside, thus EUR/JPY flat, ahead of a batch of minor Japan data starting at 23:30 GMT.

GBP/JPY, limited at 152.50

GBP/JPY continues hovering around immediate support at 152.43 (August 14th highs) after attempting to extend bullish momentum on attempt to recover 0.80% in losses incurred this week. The pair reached 152.50 momentarily on Gfk data but failed to maintain levels after the Nomura/JMMA Manufacturing Purchasing Manager Index was released in Japan.