- China extends selective RRR
- Vows to fight price rises after latest CPI of 5.1%
- UK November Rightmove housing index -3%
- Regional bourses rise by 0.5% on average
- Gold $1387/oz, oil $88/bbl
Another very quiet session in Asia with the major pairs generally trading in 20 pip ranges.
EUR/USD opened at 1.3230, which is where it’s NY closing level was, and the only move was a 30 pip slide in very early trade. Since then it has traded sideways in a tight range. Ranges: 1.3183/1.3230
USD/JPY 83.91/84.16
Cable 1.5780/1.5812
AUD/USD .9834/57
