‘Risk’ grinding higher

By: Eamonn Sheridan

EUR, AUD, GBP all grinding steadily up still after the positive tone observed earlier this morning EUR/USD 1.2768 AUD 1.0370 Cable 1.5912 NZD and USD/CAD both relative laggards: 0.8129 & 1.001 Dec12 Emini S&P500 near to earlier high (1360.25) at 1364 now Nikkei225 9,154.71 Hang Seng 21,253.50 S&P/ASX200 4,344.90   USD/JPY responding fairly poorly to the talk of 81.20/30 bids, 81.18 as I type.