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Lags and laggers…mixed equity results in Asia

FXstreet.com (Chicago) – China prints the largest losing streak in one month with three consecutive stock market losses so far before a long weekend on holiday from September 19th until September 23rd.

Ahead of the Federal Reserve meeting this Wednesday, the Nikkei 225 follows the earliest reaction triggered across equity markets on Summers withdrawal from the pool of candidates for the Chairman position next January 2014 and prints 0.22% gains so far. In China, the Shanghai Composite down 0.50% while the Hand Sen 40 prints 0.32% losses. The Korean Kospi registers 0.59% losses similarly to the Indonesian IDX retracing 0.20%. The S&P CNX Nifty prints 0.17% while contrary to its Indian counterpart, the Sensex, printing 0.05% gains. The Australian S&P/ASX200 prints 0.06% gains after the release of the RBA minutes.

CAD/JPY sticks for 96 handle bids for the week thus far

The AUD/CAD foreign exchange cross rate is currently trading at 96.11 near session highs mostly on the back of Yen weakness slightly in the positive for the week so far.
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Flash: USD/JPY remains a buy dip multi-week - Westpac

According to Westpac Global Strategy Team, USD/JPY remains a multi-week bias to buy dips.
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