Open/Wrap

Asian market overview, October 9th

  • China’s sharemarket rises by 1.5% giving risk-trades a boost:
  • Japan returns after long weekend, strong demand for AUD/JPY noted at Tokyo fix:
  • RBA’s Lowe said soft world growth and local job market prompted rate cut:
  • EUR/USD and Cable up 20 pips on session; USD/JPY steady at 78.30; AUD/USD gains 50 pips:
  1. 30 min and 1 Hour. There’s no specific target. I’m getting signals depending on oversold and overbought conditions.

  2. Hi Maji, will have to double chk, offers were reported v solid above 7880 but haven’t heard any fresh updates since last night. Will get back to yu on that

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