Flows and Orders/FXWW News

Quiet start to interbank trading week

  • USD/JPY is slightly lower compared with Friday’s close, currently trading near 103.90, but it will need to break below 103.70 in order to frighten the bulls (holiday in Japan today);
  • AUD/USD is trading quietly close to .9000 and obviously there aren’t too many stops close by or otherwise we’d have had a push higher in thin markets;
  • EUR/USD is trading at 1.3675 and cable is at 1.6480.

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