ForexLive Asian market open: Irish situation still the main focus

Author: Sean Lee | Category: News

The initial positive reaction to the EU/IMF proposed bail-out which we saw in Asia and early Europe was reversed during NY forex trade. This is the last week of full trade before markets start scaling back into December so we can expect less liquidity and sharper moves in either direction. The other majors remain reasonably stable so the EUR pairs remain the most likely source of volatility.

The economic calendar is quite empty for the session.

Good luck today.

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