The 2012 broad risk asset rally is enduring another bout of fatigue as attention returns to the Greek debt negotiations
Rally momentum fades as traders eye Greek debt talks
Source: www.ft.com
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Bearish momentum gaining in JPY crosses
What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...
EURUSD might be forming a cycle top at 1.4579
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