AUD,NZD/EUR/USD/Flows and Orders/FXWW News/USD/JPY

FX market staying very slow mid-way through Asian trade

  • AUD a bit higher across the board with technical buying against the EUR and JPY helping the Aussie;
  • EUR/USD trading in a 15 pip range with sell orders now reported near 1.3825 in decent size;
  • USD/JPY has drifted back towards its NY closing level near 97.40 with the market unable to break through heavy sell orders at 97.80;
  • Cable is similarly comatosed but the market might have one further crack at 1.6260 once London opens.

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