Asian Session: Orderly Decline in Risk Sentiment
May 29th, 2009 • Related • Filed Under
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The Usd was generally stable in the Asian session. The EurUsd traded between 1.3576 and 1.3660, while the Jpy continues to be the primary recipient of swings in risk appetite. UsdJpy traded through the 95.78 resistance down to 94.95. The EurChf continues to consolidate about the 1.5000 level (despite Chf strength against the Usd) as SNB Roth’s verbal intervention has kept the sellers sidelined…. | ||||||||||||||||||||
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