{"id":17517,"date":"2011-01-04T08:31:31","date_gmt":"2011-01-04T13:31:31","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17517"},"modified":"2011-01-04T08:31:31","modified_gmt":"2011-01-04T13:31:31","slug":"asian-market-wrap-aud-loses-some-glitter-jpy-falls-also-by-fastbrokers-research-team","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/04\/asian-market-wrap-aud-loses-some-glitter-jpy-falls-also-by-fastbrokers-research-team\/","title":{"rendered":"Asian market wrap: AUD loses some glitter, JPY falls also; By FastBrokers Research Team"},"content":{"rendered":"<p>Written by FastBrokers House<br \/>\n<em>2011-01-04 00:00<\/em><\/p>\n<p>The  AUD was the main mover today, although this time the move was lower.  Floods in Queensland and the failure of Gold to hold above $1420  initiated some profit taking and stops were then triggered in the  AUD\/USD below 1.0120. <a href=\"http:\/\/www.forexlive.com\/156608\/all\/euraud-possible-reversal-pattern\" target=\"_blank\">EUR\/AUD <\/a>also completed a potentially bullish reversal pattern which attracted some buying. Ranges: AUD\/USD 1.0095\/1.0171<\/p>\n<p>USD\/JPY has also moved gradually higher as buoyant equity markets  encouraged short-covering in the JPY crosses. Talk that both Kampo and  China had buying interest yesterday near 81.00 has also encouraged some  short covering. Ranges: USD\/JPY 81.62\/82.12, EUR\/JPY 108.94\/109.67<\/p>\n<p>EUR\/USD fell early as talk swept through the market of bond  redemptions later today. The pair fell from 1.3370 to 1.3330 before  steadying and then rallying on some at times heavy EUR\/JPY buying.  Technical buying in EUR\/AUD also helped to underpin. Ranges: EUR\/USD  1.3330\/77, EUR\/CHF 1.2456\/1.2503<\/p>\n<p>There has been little or no interest in the sterling today with cable  trading a tight 1.5475\/1.5506 range and EUR\/GBP seeing .8605\/31.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/fastbrokers.com\/index.php?9f9043f9\" target=\"_blank\"><em>Market Commentary<\/em> <em>provided by FastBrokers. <\/em><\/a><\/strong><\/span><strong><a href=\"http:\/\/fastbrokers.com\/index.php?9f9043f9\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/p>\n<p><strong>Disclaimer:<\/strong> FastBrokers\u2019 market commentary is             provided for information purposes only and under no circumstances      should        be regarded neither as an investment advice nor as a      solicitation    or    an  offer to sell\/buy any financial product.      FastBrokers  assumes   no     responsibility or liability from gains or      losses  incurred by the       information herein contained.<\/p>\n<p><strong>Risk Disclosure:<\/strong> There is a substantial risk of loss         in trading futures and foreign exchange.     Please carefully review     all     risk disclosure documents before     opening an account as these      financial    instruments are not     appropriate for all investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUD was the main mover today, although this time the move was lower. Floods in Queensland and the failure of Gold to hold above $1420 initiated some profit taking and stops were then triggered in the AUD\/USD below 1.0120. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17517","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17517"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}