Asian Session: Lack of News Keeps FX Markets Range Bound
| The Usd was stable in the Asian session, as a lack of market moving data has kept traders sidelined. The EurUsd traded down to 1.3929 from 1.4000, while the UsdJpy bounced around the 94.70 level. With another slow economic day scheduled today and debate surrounding credit ratings and foreign demand, markets will be watching this US auctions (US$40bln 2y note) cautiously. Latest auctions suggest... | ||||||||||||||||||||
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