Japan has brought some life to the market with yen sales boosting risk trades since the top of the hour.
AUD/USD has broken through medium-zied offers at 1.0020/25. The 5-day moving average at 1.0074 offers the next line of resistance with stops above 1.0080.
Month-end flows suggest mild EUR/USD buying on portfolio rebalancing (esp from the UK) but, by all reports, flows are expected to be light.
By Adam Button || June 26, 2012 at 00:26 GMT
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