#Asian Wrap: Quiet trading session in Asia with no major data - TopicsExpress

#Asian Wrap: Quiet trading session in Asia with no major data releases or news. Option-related demand ahead of 1.18 kept the EUR/USD supported in yesterday’s NY session, but bounces have been weak and selling interest remains high, so it is unlikely to hold much longer. USD/JPY bounced along with equities. The Aussie Dollar gained from improved risk appetite, while the Kiwi Dollar is retesting the 0.78 level. Gold and Silver retraced some of their previous gains after hitting into decent resistance above $1220 and $16.60 respectively. #Forex #BTFX

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