Asian session: The yen appreciated against 13 of its 16 most-traded counterparts

23:30 Japan National Consumer Price Index, y/y September 0.0%

23:30 Japan National CPI Ex-Fresh Food, y/y September -0.4%

23:30 Japan Tokyo-area CPI October +0.2%

23:30 Japan Tokyo Consumer Price Index, y/y October -0.2%

23:30 Japan Tokyo CPI ex Fresh Food, y/y October -0.4%

23:30 Japan Household spending Y/Y September -1.9%

23:30 Japan Unemployment Rate September +4.1%

23:50 Japan Industrial Production (MoM) September -4.0%

23:50 Japan Industrial Production (YoY) September -4.0%

The yen appreciated against 13 of its 16 most-traded counterparts as expectations Japan will intervene to weaken its currency faded even after it rose to a record for the fourth time in five days this week. Japanese Finance Minister Jun Azumi reiterated today that he will take “bold” action against the strong yen if needed.

Canada’s dollar rose through par with the greenback after European leaders agreed to steps for checking the region’s debt crisis, sparking a risk-asset rally.The currency rose to the highest versus the greenback in more than a month, headed for the biggest two-day gain since May 2010, as the U.S. economy grew in the third quarter at the fastest pace in a year. Canada’s dollar fell relative to most of its major counterparts after the Bank of Canada cut its forecast this week for the nation’s economic growth.

EUR/USD: on Asian session the pair gain and showed new week’s high.

GBP/USD: on Asian session the pair advanced, but receded from week’s high.

USD/JPY: on Asian session the pair is under pressure.