OctaFX | OctaFX Forex Broker
Open trading account

Session Recap: Asia ends the week muted expectant on Cyprus

FXstreet.com (Barcelona) - Another quiet session in the Asia-Pacific to end the trading week in the region, with very thin ranges in most of the pairs, EUR/USD 1.2900/20, USD/JPY 95.05/94.90, GBP/USD 1.5175/95, AUD/USD 1.0440/20, and so forth.

Local share markets also showed very little move in a mixed way, with Nikkei index leading the loses down -1.45%, while Korean Kospi, Australian ASX and Shanghai are slightly in the green. Unchanged commodities as well with Oil and Gold flattened.

Markets are awaiting for developments in the Cyprus crisis, with Parliament expected to hold a meeting as early as 08:00 GMT according to Financial Times, while German Ifo business sentiment climate at 09:00 GMT will also focus the attention.

Wall Street closes lower on Cyprus fears and earnings releases

Cyprus to discuss new laws tomorrow at 08:00 GMT

AUD/USD: Play edges of 1.0370/1.0475 range

Australian politics: The challenge that didn't happen

Forex Flash: NZ GDP leads to 35% chance RBNZ hike by year end - BNZ

Bloomberg: China’s Recovery Doesn’t Look So Strong

Australia: CB Leading Indicator (Jan): 0.2% vs -0.1%

Forex: EUR/AUD breaks below 1.2400, 200 day SMA

Japan’s finance Minister Aso: It will take time for prices to rise

Forex Flash: EUR/USD somewhat over-extended now - TDS

Forex: EUR/JPY, key demand 121.00/122.00 under threat

Forex: EUR/USD on hold above 1.2900 waiting for Cyprus vote

ECB plans capital controls in Cyprus, says Handelsblatt

ECB plans capital controls in Cyprus, says Handelsblatt

According to the newspaper Handelsblatt, the European Central Bank is preparing capital controls so that it can prevent money leaving troubled Cyprus.
Read more Previous

Forex: Cyprus headlines still Euro's daily bread

There has been one unanimous central theme when trading the Euro this week, that is the unexpected news to apply harsh haircuts for Cyprus depositors, with the subsequent opposition from domestic political parties.
Read more Next
Start livechat