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Asian Session: FX Markets Subdued
07/13/09 by Daily Forex Snapshots
Filed under Forex & Futures
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Markets are currently subdued in the Asian session, with EURUSD held in a tight range trading from a low of 1.3915 to a high of 1.3977. The USDJPY is trading in the range 92.35- 92.95. Last week proved to be a difficult one for the so-called risky assets. Both commodities and equities sold off with strong buying in JPY (and to a lesser extent, USD). While Asian equity markets had a tough going… | ||||||||||||||||||||
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