The Asia sessions had concerns over the.......>

FOREX: The Asia sessions had concerns over the collapse of the German coalition

putting pressure on the Euro across the board. Theses concerns dissipated as the

European session moved along. As NY entered the fray focus turned to the

greenback which was boosted by falling gold prices.

-AUSSIE: As Aud/Jpy started to provide the momentum, rate moved through the Asia

high to $0.7574 but soon faded in late European morning.

-As commodities crumbled, particularly XAU the rate followed suit, extending to

session lows of $0.7544 before bouncing back towards $0.7555.

-YEN: Dollar-yen printed recovery highs of Y112.22, but later eased to the

Y112.05/10 area in late European morning trade.

- The dollar rallied as US Tsys yields firmed led by gold crumbling,

the pair went on to print session highs of Y112.67.

-Euro: The Euro took a beating in Asia over the breakdown of German coalition

talks. These losses were erased through the European morning session. As NY

arrived the focus turned to the dollar, which received a solid boost following

gold collapsing and US Tsys yields.