Market Overview

ForexLive North American Wrap: Jack Lew to the Rescue

Obama to intro Lew as Treasury Sec tomorrow
White House warns UK on EU exit
Doubts over German approval of Cyprus bailout grow
Van Rompuy: Euro FX rate determined by market
Japan considering steps to encourage spending – Nikkei
Canadian Dec housing starts 198K vs 201.4K prior
White House kills crazy coin talk
US sells 10-year debt at 1.863%
FTSE closes at highest since 2008
S&P 500 up 4 points to 1461
NZD leads, JPY lags

Choppy day with the euro unable to follow through lower after touching below 1.3040.

Cable touched below 1.60 but has rebounded to 1.6025.

USD/JPY resumed it's uptrend touching above 88.00 on the slightly soft T-note auction and then slipping back to 88.77.

Gold $1657.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: News Forex Global Economics Markets Trading Ideas

 

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