10 Feb 2014
Asia Recap: Soft Aussie to start the week
FXStreet (Barcelona) - It was an uneventful Asian session, with majors consolidating in very tight ranges ahead of the European open.
There were no major events to take note of over the weekend, other than the Swiss vote to set limits on immigration from European Union countries, which may have an impact on the CHF as Europe joins in.
The AUD/USD continuing to move further away from 0.90, currently testing bids at the lower end of its 0.8920/30 - 0.90 range and USD/JPY briefly visiting 102.50 after solid demand during interbank trading were the highlights of an otherwise quiet day.
Main headlines in Asia
Fed likely to stay course on rates and bond buying - Hilsenrath
Specs most bearish against EUR since July 2013 - TDS
China's credit crackdown hits international clients
Japan's current account balance slightly above expectations
SNB likely forced to talk down CHF - Societe Generale
There were no major events to take note of over the weekend, other than the Swiss vote to set limits on immigration from European Union countries, which may have an impact on the CHF as Europe joins in.
The AUD/USD continuing to move further away from 0.90, currently testing bids at the lower end of its 0.8920/30 - 0.90 range and USD/JPY briefly visiting 102.50 after solid demand during interbank trading were the highlights of an otherwise quiet day.
Main headlines in Asia
Fed likely to stay course on rates and bond buying - Hilsenrath
Specs most bearish against EUR since July 2013 - TDS
China's credit crackdown hits international clients
Japan's current account balance slightly above expectations
SNB likely forced to talk down CHF - Societe Generale