Foxy Forex Asian Market Report!
Posted in Market View
- Greek politicians reach deal for unity govt will pass reforms needed for bailout Greek PM Papandreaou to be replaced on Monday no new leader announced Greek opposition parities agree on tentative Feb 19 election
- Berlusconi says he has enough votes for majority opposition disgrees
- Japan leading indicators -2.2 points from Aug
- FT G20 fin mins could meet again this year on Greece Gold touches highest since Sept 20
- EUR/CHF jumps after warning from SNB’s Hildebrand
- ANZ job ads -0.7% in Oct AiG performance of construction to 34.7 from 30.0
- Exchanges lower margins to deal with MF Global complications
- EUR/USD rallied at the open 60 pips higher to 1.3839 the gains were cleared out due to the list of worries about Italy selling off to 1.3771
- GBP whacked traders opening above last week’s highs hitting 1.6076 then selling off immediately and continued selling off till hitting bids near 1.6007 area EUR/CHF was the big move gapping 50 pips on the open rallying 50 pips more thru 1.2300 and consolidating
- JPY still consolidating since last weeks intervention 7817 to 7805 range during asian session
