Quick overview of the Asian FX market
- Market in waiting mode ahead of Greek debt conference:
- Quiet start to interbank trading week suggested no major stops close to the market:
- JPY crosses rose to session highs on the Tokyo open on what looked like investment fund demand:
- The Yen has gradually strengthened since then with profit-taking blamed for most flows:
- Most major USD pairs traded in 25 pip ranges just below their closing levels from last week.