Top
New York  London  GMT  Tokyo  Sydney 

Slightly nervy markets leads to risk-off session

By   || March 15, 2010 at 03:37 GMT
|| 0 comments || Add comment

After the big stop-loss push earlier this morning in EUR/JPY and the barrier play in the AUD/USD, the FX market has now turned risk averse on the back of sliding equity markets in the region. HK and Korea are both over 1% lower and the Nikkei has turned from +0.3% after the open to -0.2% just after lunch. EUR/JPY is back to its NY closing level at 124.50 and the AUD/USD looks sort of sickly on it’s session lows at .9130.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

Comments are closed.

Bottom