majors-27-feb-091

Forex Market News:

It seems the risk trade could be back again with European equity markets all lower today and the EUR, GBP, AUD and shortly the CAD weaker against the USD and the JPY, with the EUR/JPY back below the important 125.00 level and threatening support at 123.00.

The AUD/USD has dipped back below 0.6400 but continues to remain well above the important 0.6300 level.