The Asian trading session today is unexpectedly optimistic, where most of the major Asian currencies were trading positively, as Japan released a number of positive data today.
As, today the Japanese economy released January's annualized national CPI, where it advanced to 0.1%, compared with the prior reading of -0.2%, also it exceeded expectations of -0.1%.
The data supported the dollar instead of the Japanese yen, and further supported the gains for the USD/JPY pair on eased haven demand for the currency. The pair retreated today by 0.06% and it is trading around 81.13, it recorded its highest at 81.20 and lowest at 80.12.
Moving to the NZD/USD pair, which is slightly advancing, where the pair is currently trading around 0.8399 after it reached the highest at 0.8401 and lowest at 0.8398.
Moving to the Australian dollar, it recorded a slight increase as aussie advanced versus the U.S. dollar; the pair reached its highest level in today's trading session at 1.0815 and reached its lowest level at 1.0746, while it is currently trading around 1.0813.
Heading to Europe, it has important data to be released today where the euro zone will release January's PPI along with the United Kingdom's PMI construction in January.