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Asian Session - FX Trading Subdued

G10 Advancers and Decliners vs USD

EUR
0.16

CHF
0.15

GBP
0.03

JPY
-0.09

FX markets were relatively stable in Asian session as yesterday’s volatility seem to have driven more then just the US participant to start their weekend early. EurUsd climbed tentatively back above the psychological 1.5700 level while UsdJpy bounced around 106.60 / 106.80 levels. Carry trades picked up a slight intraday upwards trend with EurJpy moving from 167.25 to 167.84 and AudJpy found…

Original post by Peter Rosenstreich

This entry was posted on Friday, July 4th, 2008 at 3:57 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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