ALL: Be alert for comments from officials during G20 meetings ahead of IMF meetings over the weekend. As mentioned yesterday, we don’t expect any substantial change from the tone adopted in February, which amounted to “do what you want, so long as it is not specifically targeting the currency” and comments from Japan have pretty much confirmed this. See G’20 infographic CAD: The CPI data today is expected to see the inflation rate fall from 1.2% to 1.1%, with core rate holding steady at 1.4%. The CAD has been underperforming of late, with firmer CPI needed to aim for a push back below 1.02 on USDCAD. Idea of the Day The yen has been weakening vs. the dollar for most of the week, with the latest impetus coming from the latest comments from Finance Minister Aso. He confirmed what we had suspected, namely that the G20 were not going to oppose the latest policies to revive inflation in Japan on the grounds that they were weakening the currency. This has allowed USDJPY to move towards the 99.00 level overnight, although the move is more a sign of relief rather than a rush for the exits. As we’ve intimated before, there’s a sense that we need to start seeing the data move the Bank of Japan’s way. Of course, it’s far too early to expect the inflation data to start moving higher, but the initial impact on confidence and the feed through to wage demands will be worth watching in the coming weeks. [do action=”tradingviews” pair=”USDJPY” interval=”60″/]Latest FX News JPY: The sense is that the yen is not going to get any grief from G20 leaders, so the currency has duly breathed a sigh of relief. Gold: Watching to see if the overnight move above $1,400 is held, as gold will look a little vulnerable if this is not sustained. Certainly there is not yet the sense that there were many on the sidelines waiting for better levels to get it. At present, it appears that bruised egos abound. AUD: Steadily climbing during the Asia session towards the 1.0350 area, just pipped by the Kiwi to be the strongest performer on the majors. Once again, the Aussie defying the critics. Further reading: Gold Moves to Correct after Plunging to Major Support FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Forex News Today: Daily Trading News share Read Next EUR and AUD Benefit from a Weaker Yen Matthew Lifson 9 years ALL: Be alert for comments from officials during G20 meetings ahead of IMF meetings over the weekend. As mentioned yesterday, we don't expect any substantial change from the tone adopted in February, which amounted to "do what you want, so long as it is not specifically targeting the currency" and comments from Japan have pretty much confirmed this. See G'20 infographic CAD: The CPI data today is expected to see the inflation rate fall from 1.2% to 1.1%, with core rate holding steady at 1.4%. The CAD has been underperforming of late, with firmer CPI needed to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.