BOGART'S FOREX WORLD

In the latest forex news today according to Ilya Spivak, US Dollar somehow gained as Japan's capital investment tumbles. This result to sink Asian equities which according to a survey that the investments of various large companies have fallen in the near third quarter for nearly a decade already. Ahead of them are German Retail Sales and UK manufacturing PMI. It happened overnight when US Dollar gains its rate over the Japan Yen. The possible key developments which are affected overnight are:

* Improved business outlook of Japan but they fall on capital investment for nearly 10 years.
* Euro and British pound were sold to Asian Trading as Stock Retreats, leading to the US demand a full boost.

The critical levels of both EURUSD and GBPUSD are quite close enough in support and resistance. In the Asian Session Highlights table being shown in the website, it says the economic expectations of the large manufacturers in Japan has improved for the second straight quarter in three months to September. Retail trade was added by 1% in August and it brings the annual pace percentage by -1.8%, and it's said to be the lowest percentage since November 2008. Large Retailer's Sales were also decreased by -6.8%. In the 8th consecutive month of August, the consumer confidence has increased, but they track closely to the Nikkei benchmark stock index and it is highly vulnerable to any downward reversal in risky assets.

Today's data flow shows that through the support of the Bank Of Japan, policymakers saw that the pace and sustainability was concluded of any economic recovery, and it remains highly uncertain through the effects of fiscal stimulus and the inventory restocking cycle which runs their course. On the other hand, the domestic consumption was weak after all.

This is only a summary, here's the real source:
http://www.dailyfx.com/story/bio1/US_Dollar_Gains_as_Japan_s_1254372968340.html