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4 Feb 2013
Session Recap: Euro corrects lower; Aussie leads despite poor data
It has been a very slow Asian session, with all currencies pretty much at the same levels where they started earlier. More gloomy data from Australian ANZ jobs indicator and building permits caused some pressure on the Aussie, but the currency managed to stabilize the rate to become the marginal winner. The Euro was the laggard.
Main headlines in Asia
- Japan's FinMin: Yen fall not goal but result
- EUR/USD market chatter
- Cable gossip; bids and stops
- Crush the EUR/USD up against the wall - Societe Generale
- Australia Dec Building Approvals -4.4% M/M vs. +1.0% expected. Australia Jan ANZ Job Advert -0.9% M/M (vs. -3.8% prior)
- NZD/USD prints highest since Sept 2011
- GBP/NZD prints historic lows below 1.8550
- background: Japan opposition on new BOJ Governor appointment
- RBA may refrain from rate cuts tomorrow - RBS
Spanish PM faces calls to resign; scandal to destabilize Europe's calm waters?
Main headlines in Asia
- Japan's FinMin: Yen fall not goal but result
- EUR/USD market chatter
- Cable gossip; bids and stops
- Crush the EUR/USD up against the wall - Societe Generale
- Australia Dec Building Approvals -4.4% M/M vs. +1.0% expected. Australia Jan ANZ Job Advert -0.9% M/M (vs. -3.8% prior)
- NZD/USD prints highest since Sept 2011
- GBP/NZD prints historic lows below 1.8550
- background: Japan opposition on new BOJ Governor appointment
- RBA may refrain from rate cuts tomorrow - RBS
Spanish PM faces calls to resign; scandal to destabilize Europe's calm waters?