ForexLive Asia Wrap Up : Deadly Dull

Greece's outlook revised to negative by S&P.- bbg Bernanke defends zero rate policy.-MNI Japan June current a/c total  surplus y433.3b (forecast Y415.5b)-MNI Japan July 1st 20- day exports -2.4%, trade deficit Y580.0 bln.-MNI Japan July bank lending +1.0%/June +0.8%.-MNI Australia June value of investment housing finance +4.9% Australia June owner-occupied finance +1.3% (forecast +2%) Euro : Spent most of the session drifting lower from the 1.2400 level .   It eventually  found  support at 1.2375/80 level and has now rebounded back to 1.2395. Usd/Jpy : Also drifted lower from an opening level of  78.60 and consolidated around 78.50.  Market awaits the results of the BOJ's policy meeting tomorrow for further signs of easing. Aud : Had a softer tone to it today (after failing twice at 1.0600)  as the market looked to lighten up ahead of China numbers on Thursday . Found some good support around the 1.0525/30 level after going through previous support at 1.0550. Good Luck today
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!