Forex news for Asia trading Wednesday 20 September, 2017

A pre-FOMC day in Asia, pretty much spent waiting on the announcement, due Wednesday afternoon in the US.

There wasn't too much to move the forex markets, and indeed action was subdued. We did get some USD weakness, EUR/USD up 20+ points for the session, with AUD and NZD popping a little also.

US/CHF dipped under 0.9610. Cable had a wee spot of minor weakness early but is now pretty much unchanged for the session. All within a very small range.

There was the odd bit of news about - Japanese PM Abe is said to be going to abandon his goal of achieving a primary budget surplus in 2020, he looks like he'll loosen the purse strings a bit heading into an early election.

Speaking of loosening the purse strings, news crossed earlier of the UK PM planning to fork out 20bn EUR to the EU in order to hasten the Brexit negotiations. Hey, its not her money, she won't be too fussed!

And so we await the FOMC - here the previews: Its FOMC day - here are all the previews all in one place