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Japan adj trade deficit nears ¥1 trillion in March

FXstreet.com (Barcelona) - The Japanese adjusted trade deficit for March stood at ¥922 billion vs ¥1139.7 the previous month. Japan trade exports rose +1.1% on a yearly basis, more than the +0.4% expected and -2.9% prior, while the imports increased by +5.5%, slightly below the +6.3% expectations, and prior reading of +11.9%. The Merchandise Trade Balance Total came at ¥-362.4 billin vs ¥-493.3 expected and ¥-777.5 billion last.

Forex: AUD/NZD completes “bear flag” pattern, further downside coming?

The AUD/NZD closed the NY sessions slightly lower, down 22 pips at 1.2202. The pair had traded as low as 1.2715 at one point during the day, before finding support and edging just off the lows late in the session. Over the last week, the pair has been consolidating in narrow range between 1.2200 and 1.2260.
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Forex: USD/JPY below 98 on disappointing flows data

As Nikkei index just opened in Tokyo down -0.9% still above the 13200 points, few minutes after Japan trade balance and other several data that has been released, USD/JPY is currently breaking below the 98 handle, printing fresh session lows. The pair is down -0.44% for the week so far, retracing from recent session highs at 98.28.
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