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Asia session recap & ranges

Posted by Akhilesh Ganti on Feb 12, 2013 10:34:00 PM

Another quiet rangebound session as the holiday in China, the looming BOJ rate decision (thurs) and the G20 meetings (weekend) are putting a damper on trading activity. AUD/USD received a bid initially on the heels of better than expected consumer confidence data but that momentum has since dissipated and the pair finds itself meandering just beneath 1.0350.

021313

 

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