Thu, Nov 5 2009, 06:58 GMT
by FXMarketAlerts Team
FXMarketAlerts | View company's profile
Published at 06:48 (GMT) 05 Nov
EUR, Cable under pressure, with talks of good selling from East Europeans, Russians, Early Europeans, sovereign names, pushing it to 1.4827-30 from 1.4850-55, and Cable dipping sharply below 1.6500 handle to 1.6480-83, from 1.6510-15. USD/JPY a tad lower on back of EUR/JPY, GBP/JPY sales, with EUR/JPY at 133.95-00, and GBP/JPY back below 149.00 handle - market a tad cautious ahead of BoE Decision at 1200GMT and ECB decision at 1245GMT, and as market digesting Fed FOMC - some sensing it to be more hawkish and the initial dovish stance despite "extended period" WL.
Published on Thu, Nov 5 2009, 07:00 GMT
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