Asian stock markets continue the global rally Nikkei +.8% asx200 closed Hsi +.8%
GBPUSD Range: 1.6376 - 1.6424
Very quiet session for GBP
EURUSD Range: 1.4958 - 1.4995
A fairly quiet trading session with all eyes on the 1.500 level. Price action seems subdued for such a key level more focus on the commonwealth currencies.
AUDUSD Range: .9271 - .9310
Aud and Nzd outperforming the move and hard to fault their price action as they close the offshore session on their highs. Expect some initial resistance for the Aud/usd at the fresh big-figure of 0.93 and then 0.9350. Next key topside target for the Nzd/usd 0.7650.
USDJPY Range: 90.08 - 90.78
USD/JPY under pressure finding some short term support 90.00 cross yen selling weighing heavy on usdjpy