ForexLive Asian market open: Analysis with fries

Author: Sean Lee | Category: News

Just brilliant Jamie

Australian GDP this morning and the market is now gearing itself for a poor number after yesterday’s data and weekend comments from the Treasurer. China is selling rallies in AUD/USD and Middle East Sovereigns are buying big dips; sounds like a recipe for medium term range trading.

The EUR has made big moves on the crosses with EUR/JPY, EUR/GBP and EUR/AUD all threatening a return to recent bull trends and even the ultra-bear trend in EUR/CHF is showing signs of tiredness.

Good luck today

 

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