- Fed member speeches starting soon may cast more light on ‘vigorous debate’ re future QE, and replacing Operation Twist:
- Asian economic calendar looks very bare:
- JPY stays weak with heavy selling coming from hedge fund players:
- USD/JPY tops out overnight near the 61.8% retracement of 84.15/77.10 fall:
- EUR/USD still in range trading mode, crosses like EUR/JPY and EUR/AUD are well bid but USD demand capping rallies:
- Cable held up well despite poor retail sales and talk of more easing; large barrier at 1.5800:
- AUD/USD broke below support levels near 1.0350 but more reserve manager bids reported near 1.0300: