The USD is uniformly lower early in the session and it is difficult to see where the buy-dollar signals are going to come from. Order books are fairly clear in the EUR/USD until 1.4200-10 where some Sovereign offers are touted. There is also said to be good selling interest in the AUD/USD at .8250 but the bids-on-dips still seem to be stronger in the Aussie. Lots of trailing stop-loss orders are expected above 1.6660 in the cable.
-
USD drifting lower heading into Tokyo open
June 12 2009, 3:04am | Comments »
-
Nikkei flat, Kospi slightly lower on the open
The Nikkei is sitting just below 10,000 and the Kospi has opened down -0.2%.
June 11 2009, 3:04am | Comments »
1