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11 Jun 2014
Session recap: A Non event and quiet lead into Asia
FXStreet (Guatemala) - There were no events today worth noting on the calendar in the US session and the most we got here was a burst of life in the EUR that recovered and then consolidated offers.
EUR/USD has been in consolidation mode in the US session after the pair was offered from 1.36 in London/European markets until finding a footing on 1.3540/50 levels.
USD/JPY has also been a slow play except for a recovery off the lows seen due to a bout of selling in EUR/JPY as a result of the cross flows from European session and the sell off in the EUR. Having been through to meet 102.22, the recovery took it into 102.40 and we have been steady 10 pips below there into Asia.
GBP/USD moved within a 20 pip range after the European offers in a continuation from above the 1.68 handle. The pair has recovered back into 1.6760 region and moves sideways into Asia looking out for the bulls who may wish to pick up a cheaper pound for their buck.
EUR/USD has been in consolidation mode in the US session after the pair was offered from 1.36 in London/European markets until finding a footing on 1.3540/50 levels.
USD/JPY has also been a slow play except for a recovery off the lows seen due to a bout of selling in EUR/JPY as a result of the cross flows from European session and the sell off in the EUR. Having been through to meet 102.22, the recovery took it into 102.40 and we have been steady 10 pips below there into Asia.
GBP/USD moved within a 20 pip range after the European offers in a continuation from above the 1.68 handle. The pair has recovered back into 1.6760 region and moves sideways into Asia looking out for the bulls who may wish to pick up a cheaper pound for their buck.