AUD,NZD/Flows and Orders/JPY crosses

Liquidity very poor in early FX market trade

Dealers aren’t too enthusiastic this morning, complaining to anyone who will listen (only their mother’s! 🙂 ) about the poor liquidity and the constant gaps, both big and small. EUR/JPY is the main culprit but be careful also in the AUD, with stops reported close-by below 1.0525.

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