Wednesday, 20 February 2013

EUR orders: Broadly bid, Cross flows are notable

EUR/USD, EUR crosses broadly bid in Asia, UK-French banks notable.
Buy-side flows noted against JPY, AUD, GBP and even CAD.
Tokyo good buyers of EUR/JPY early, off later on profit-takes.
EUR/USD stops above 1.3400 and 1.3425 taken out, 1.3434 high.
EUR/JPY offers pre-126.00, stops above, bids around 125.00, below.

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