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Forex Market Alerts

USD/JPY, EUR/USD Flows − EUR, GBP dip on East Europe/ Russian sales, BoE/ECB/Fed

Thu, Nov 5 2009, 06:58 GMT
by FXMarketAlerts Team

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Intraday Analysis from FXMarketAlerts.com

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Published at 06:48 (GMT) 05 Nov

USDJPY

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

Published with a minimum of 10 minutes delay.


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