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Forex News | Currency News by Forexlive

JPY crosses slip back after Tokyo fix

Typical market shenanigans where dealers mark the market higher into the fix, then fill the demand at the higher level, and then the market slips back afterwards.

By   || March 1, 2010 at 01:10 GMT
Category: All, Asia, Mkt Talk || Tags: , || 1 comment || Add comment

AUD/JPY buying out of Tokyo

Looks like there’s some decent fixing demand for the JPY crosses with AUD/JPY leading the way despite the less than inspiring Australian economic data. EUR/JPY is above 121.50 and there is talk of stop-loss buy orders above 121.70/75.

By   || March 1, 2010 at 00:48 GMT
Category: All, Asia, Mkt Talk || Tags: , , || 5 comments || Add comment

Australia Q4 current account deficit as expected

The actual number was AUD$17.46 billion. Business inventories were +0.2%, less than the 0.7% expected, and company gross operating profits were +2.2%, also slightly less than expected.

By   || March 1, 2010 at 00:44 GMT
Category: All, Asia, Economy || Tags: || 1 comment || Add comment

Property prices in China rising by up to 20% per month

That is according to this article in the UK Telegraph. Anyone for bubbles?

By   || March 1, 2010 at 00:35 GMT
Category: All, Asia || Tags: || 3 comments || Add comment

Nikkei opens slightly higher, cable recovering

Cable has been the big mover early in the session, falling to a low of 1.5133 after closing in NY at 1.5250 on Friday. 50% of that fall has now been unwound with the cable back at 1.5190. The Nikkei and Kospi have both opened slightly firmer.

By   || March 1, 2010 at 00:23 GMT
Category: All, Asia, Mkt News || Tags: || 0 comments || Add comment

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