Session Recap: Yen volatility jumps out of the window; Others remain calm ahead of NFP

FXstreet.com (Barcelona) - What a final session of the week for Tokyo traders today with China closed for holidays and local share markets down dragged on Hong-Kong losing more than -2% on the back of bird flue fears, while Nikkei index gained at some point of the early session more than +4%, adding to yesterday's +2.2% advance.

BoJ Kuroda was confirmed by Japanese lower house, giving a speech on his compromise to keep pushing on monetary easing measures until decent gains in inflation rates are seen. USD/JPY printed a fresh 3.5-year high at 97.18, while Nikkie index climbed above the 13k mark for the first time since pre-Lehman crisis, back in August 2008.

Other major currency pairs have been quiet over all, including commodities as Gold and Oil, while Hang-Seng index has extended the loses to -2.55% last, and USD/JPY flipped to the downside back to 96.20 lows, on the back of a broad USD selling move, and a 10 year Japanese bond massive sell off.

Main Headlines in the Asian session:

Yellen comments hitting the newswires now – will allow inflation >2% slightly and temporarily

Chinese markets closed again today

Forex: EUR/USD tests the 1.2950 ahead jobs report; More to come?

What the BOJ committed to yesterday

Forex: EUR/AUD stalls below 8-day highs at 1.2400

Aso – wont comment on bond yield level

Amari also speaking with reporters – Have to show there is no concern on fiscal sustainability

Japan Mar JP Foreign Reserves falls to $1254.4B vs $1258.8B

Forex: AUD/USD showing weakness below 1.0450

Forex Flash: NFP at 200k – Westpac

Forex: USD/JPY breaks above previous 3.5-year highs

Forex Flash: USD/JPY longs looking to take profit – TDS

USD/JPY – next barrier option at 97.25

Kuroda still going: The BOJ will continue easing until price growth is sustainable

Soros – Yen fall may become like an avalanche

Forex: EUR/JPY biggest single day rally on record above 125.30

Forex: EUR/USD below 1.2930 takes a pause ahead of key US NFP

Kuroda has been confirmed by the Japanese lower house as BOJ Governor

USD/JPY: Off the highs as 10 year yields climb

Tokyo stock exchange halts trading in JGB futures after sharp drop

Forex: USD/JPY dives below 96.30 on massive taking profit

Japan leading indicators feb: +2.5 vs +3.1 prev