China Mar CB Leading Economic Index declines to 0 vs 1.3
Apr 19, 2013
Forex: GBP/JPY trading range continues, resistance at 150.60 still looms overhead
The GBP/JPY closed the NY session up 30 pips at 150.07. The pair continues to find support from the short term uptrend line connecting the lows of the last 4 sessions, while resistance at 150.60 continues to cap advances. All of the yen crosses are setting up with similar consolidation patterns, which isn’t surprising given dramatic ranges amid recent volatility...
EUR/AUD is last at fresh session lows around the 1.2670 level, off session highs at 1.2695, on the back of recent Aussie strength, with AUD/USD printing fresh session highs shy of 1.0320. The cross keeps struggling below the key 50% Fibo retrace of the 1.32/1.22 leg down at the 1.27 handle since it first touched it on Tuesday since mid March.