July 15th, 2009 22:23:40 GMT

Order books look amazingly empty

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Dealers report that there are now some very big gaps appearing on their order books but there is still some sizeable interest around. EUR/USD offers around 1.4150 are thought to be from a Sovereign name. There were sizeable offers of … Continue reading

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July 15th, 2009 07:22:35 GMT

EUR/JPY firmer on the day; sell orders noted

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EUR/JPY has made ground this morning, presently up at 131.30 from an early 130.80.  An Asian source earlier reported sell orders lying in wait up at 131.50 up through 132.00.

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July 15th, 2009 03:54:53 GMT

EURJPY back up to morning highs

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An uninspiring trading day, with EURJPY stuck in a 30 pip range. Traders buying back earlier small short positions sending it backup to the 130.90 area. We await Europe for the next move.

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July 15th, 2009 01:25:50 GMT

EURJPY and USDJPY sold off after Tokyo Fix

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Today being the 15th, most players were expecting larger than usual importer demand of the fix. However that has not transpired and once again both EURJPY and USDJPY are lower after the fix. Japanese technical traders are currently watching the … Continue reading

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July 14th, 2009 01:26:54 GMT

EUR retreats post Tokyo Fix

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Just like yesterday EUR and EURJPY have retreated after the Tokyo Fix. Demand into the fix saw EUR up above 1.4000 and EURJPY towards 130.50, however once the buying interest finished, sellers emerged out of Tokyo, hitting the EURJPY back … Continue reading

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