1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Asian Market Update

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 20, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    EUR/USD failed to move above 1.4800 in Asia, but some analysts suggest that the USD's recent bounce could end when traders finish liquidating long positions in commodities and non-dollar currencies accumulated over recent months. Option dealers noted large numbers of USD/JPY vanilla option expiries in the 109.65-110.00 region, with some...

    complete article here...

Share This Page