EUR crosses/Others/USD/JPY

FX market staying quiet in early Asia

Tokyo should start joining the fray fairly soon and it will be interesting to see if they want to buy or sell USD/JPY at these levels. I’m thinking that there will be corporate sell orders near 90.00 which might keep things capped for a while, but that’s just a guess on my part.

Elsewhere only the NZD has seen some volatility and the other majors are quiet. I’ve got a take-profit order in EUR/USD at 1.3435 which I’m hoping will get filled today and make my weekend more enjoyable. EUR/CHF at 1.2500 is the other big level to watch.

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