Trial now
FOREX

Softer Commodity Complex Keeps Lid On AUD

BOJ

No Shocks, Move On

GOLD

Back Above $1,800/oz

IDR

Rupiah Goes Offered

FOREX
FOREX: Major pairs continue to creep higher with EUR and GBP touching fresh
highs against the dollar. Moves are more sanguine that post-CPI, but EUR/USD is
coming into very close proximity to the $1.24 level for the first time since
last week. Any further gains may run into resistance at the $1.2405 level,
marking the 76.4% Fib for $1.2446-1.2273. Beyond there, the 1.0% envelope 10-dma
mark sits at $1.2445.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com