ForexLive Asian market wrap:

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Very little to report again today with only a brief flurry of activity in EUR/JPY, to take out a barrier at 110.00, and thereafter all has been quiet with the majors returning to their opening levels.

USD/JPY opened at 83.35, edged higher above 83.50 on the back of EUR/JPY and AUD/JPY buying, but has settled back to its opening level in very quiet afternoon trade. Ranges: 83.33/56; EUR/JPY 109.72/110.14

EUR/USD has traded in a quiet 25 pip range with EUR/JPY flows again the only significant activity. Ranges: 1.3161/87

AUD/USD broke above 1.0600 on some mild stop-loss buying as well as AUD/JPY demand but it’s been one of the quieter AUD trading sessions in recent times. Ranges: 1.0582/1.0615

Cable 1.5825/50; EUR/CHF 1.2060/70


All|Asia Pacific|Forex Headlines

Sean Lee


  1. sean, has your strategy for aud change or are you still sticking to the old one given the new development for the last two days?

  2. do you see a sustained move in either direction or just range trading coming up for the next couple of weeks for aud?


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