Asian FX morning re-cap
- Quiet Monday morning after an event-free weekend
- Profit taking in EUR/JPY by model and momentum funds has been the main feature thus far
- Possible double-bottom now in play in USD/JPY, attracting technical buying
- EUR/GBP remains well supported amid signs of aggressive dip-buying out of Middle East
- Solid AUD/USD buying interest around .7750 helps the AUD/USD to regain the .7800 foothold
- Retail sales out of NZ show continued economic improvement
- Regional equity markets open slightly lower
I’ll pass over to Sam to guide you through unfolding market events until Europe comes in.

AUTOREFRESH 













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