None of the bigger players seem to have the appetite to play with the market in the twilight zone and there are obviously no big stops close to the money which all leads to a very quiet morning. EUR/USD is happy between 1.3830/40, cable 1.6390-00, USD/JPY 96.35/45 and AUD/USD 25 choice.
Majors stagnating in 10 pip ranges
Source: www.forexlive.com
Read more...
U.S. Non-Farm Employment Change Data to Dominate USD Trading
By Forex Yard - Today's U.S. Non-Farm Employment Change data release is set to dominate the trading between the...
NZ terms of trade -3% vs -3.7% expectation
Export prices fell faster than import prices in Q1 which resulted in a fall of 3% in New Zealand’s Terms of Trade index. This was better than the street had expected. The NZD is unchanged against the greenback at...
The EUR/USD Still Trades In A range
With the recent volatility in the forex market, one currency pair seems to stand out: the EUR/USD. This pair has been range-trading for the previous week as the two currencies struggle for dominance of the currency market. With this weekend’s G8 summit on the global financial system, traders...
EUR/USD Pops Despite Higher Than Expected EU UnemploymentEUR/USD Pops Despite Higher Than Expected EU Unemployment
By Fast Brokers - Volume topped out yesterday as anticipated and the EUR/USD slipped down towards our 1.4117...
FOREX-Dollar edges up, investors eye G8 meeting
By Naomi Tajitsu LONDON, June 12 (Reuters) - The dollar edged up against a basket of currencies on Friday, recovering as traders booked profits from the US ... See all stories on this...