Quick overview of Asian market
- Single large flow in EUR/JPY took it from 106.60 to 107.20 very swiftly:
- Stops were triggered in USD/JPY above 82.25 at the same time:
- AUD has stayed heavy on the crosses with market pricing in 77% chance of rate cut next week:
- EUR/USD has yet to test reportedly heavy offers at 1.3020/25:
Good afternoon Sean,
AUD/USD still capped at 1.0480, nice for your trading and just before the weekend ;-). I am still waiting in buy- dip mode in EUR/USD.
Hey Papillon, we had a period of volatility for a change. Lets hope it continues moving, one way or the other, at least then we can trade it a bit. Not sure what to do with EUR/JPY, we could see 108 before it runs out of steam? I still like the other crosses, EUR/AUD and EUR/GBP higher
I am prepare to short E/Y. But not now, maybe 2 weeks. waiting the silly up move.