Germany 2-year Notes auction down to 0.06% vs 0.21%
Mar 13, 2013
Fundamental Morning Wrap: GBP extends run as fundamental outlier
Sterling is the flavour of the moment once again, with this mornings institutional research keeping a primary focus on the woes of the UK economy and GBP´s. Elsewhere, Italian and Cypriot developments are ongoing, as is budget negotiations in the US.
The EUR/JPY wasn't able to hold its price at the daily opening level and eased throughout the Asian session, finding support at 124.65 zone. This area continues to hold the cross against further downside, for now at least.