Let’s see what the early European traders have to do, hopefully a bit more that we saw here in Asia.
Sovereign offers reported in Cable 1.6210/20 but that’s all I’m hearing of note on the order front. Here’s a quick overview of events so far:
- AUD rallies on short-covering, higher equities and strong bond auctions:
- USD/JPY falls after BOJ decision to keep bond-buying fund unchanged:
- EUR/USD and EUR/JPY capped by 61.8% Fibo retracements at 1.3030 and 102.25 respectively:
- EUR/USD trades 10 pip range for much of session.