Red prevails in Asian markets

FXstreet.com (Chicago) – Losses outnumber winners in Asian indexes one hour after Tokyo’s opening before the close of the third week of October.

In Japan, the Nikkei 225 is down 0.90% on earnings reports modeled by the Chinese Shanghai Composite retracing 0.81% along the Hang Seng 40 down 0.71%. The Indian S&P CNX Nifty loses 0.23% similarly to the Sensex retracing 0.20%. Winning indexes are the Indonesian IDX up 1.06% and the Australian S&P/ASX 200 up 0.41%.

CAD/JPY holding on to 157.40 front; for how long?

CAD/JPY started losing the last day of the week in Asia after matched inflation results in Japan.
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Flash: USD/JPY, bullish shift should be close - JPMorgan

The medium term range for USD/JPY remains intact following the reversal from the October lows, according to FX Strategists at JP Morgan Securities, Tohru Sasaki and Junya Tanase.
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