Things were
pretty quiet last night. This morning however we’ve seen quite a bit of
movement!
USDJPY had
a sudden 30 pips spike as asia session started
which also coincided with Reuters headlines of Libyan warplanes bombing targets
inside the city. Dozens of people have been reported killed in Tripoli . Fitch has also downgraded Libya ’s long
term ratings to BBB from BBB+.
Euro
slipped lower this morning as well due to the tensions occurring in the middle
east.
The Aussie
too was under pressure on higher risk aversion, falling European equity and
Aussie crosses selling.
German GFK
Consumer confidence survey – 7am GMT
US Consumer
confidence – 3pm GMT
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