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10 Feb 2015
Asian currency action summary - Westpac
FXStreet (Guatemala) - Analysts summed up the major Asian currencies from overnight trade.
Key Quotes:
"AUD/USD broke Asia’s trading range to the topside, rising from 0.7760 to as high as 0.7835, then consolidating at 0.7810. Its near term range should be roughly 0.7750-0.7850."
"NZD/USD rose from 0.7375 late Asia to 0.7415, with a high of 0.7440."
"AUD/NZD was subdued, mostly around 1.0530."
"USD/JPY was rejected at 119.00, slipping to 118.60, via a 118.33 low."
"USD/SGD wandered around 1.3525-55."
Key Quotes:
"AUD/USD broke Asia’s trading range to the topside, rising from 0.7760 to as high as 0.7835, then consolidating at 0.7810. Its near term range should be roughly 0.7750-0.7850."
"NZD/USD rose from 0.7375 late Asia to 0.7415, with a high of 0.7440."
"AUD/NZD was subdued, mostly around 1.0530."
"USD/JPY was rejected at 119.00, slipping to 118.60, via a 118.33 low."
"USD/SGD wandered around 1.3525-55."