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June Swiss ZEW investor sentiment 2.2 vs 2.2 prior
AUD/USD potential bottom in place
UK BOE MPC minutes: Voting unchanged
EURGBP orders
EURJPY orders
AUDUSD orders
GBPUSD orders
Olli Rehn sees financial stability anchored in Europe
Cypriot bail-out terms will not be revised
USDJPY orders
EURUSD orders
USDJPY below 95.00 as EURJPY gets a fresh kick lower
Japan’s Amari says there may be a cabinet re-shuffle by autumn
European equity markets open mostly higher
USD sellers seen as Europe opens up
Japan’s Amari: Govt is not pursuing economic policies in response to markets
Nikkei 225 closes up 1.83% at 13,245.22
Congrats to the Socceroos – welcome to Rio
Nikkei edges higher again
More from Kuroda

June Swiss ZEW investor sentiment 2.2 vs 2.2 prior

Posted: 19 Jun 2013 02:00 AM PDT

EUR/CHF rockets up 5 pips.

AUD/USD potential bottom in place

Posted: 19 Jun 2013 01:48 AM PDT

It’s still early days but the potential is there for the pair to put in a nice bottom against the lows at 0.9320′s

The price action suggests that there are buyers coming into the lows and the China and rate cut fears may be priced in now, to some extent.

I said last week that although the break down through 0.9400 and 0.9386 could have spelt big trouble for the pair, the chances of a bounce was quite high after coming so far.

We got one up to 0.9664 and it’s been down ever since.

I don’t think that buyers are going to come in and ramp the pair right up but they may just keep it underpinned for now barring any major news.

I also think there will still be plenty of sellers higher up around 0.9700 that should keep a lid on things.

So with all that tied together I can see the pair going sideways for a while.

While it does here are the levels to note.

Resistance

0.9692 res
0.9648 upper channel line
0.9633 res
0.9558/60 res, 100 H4ma
0.9506 55 H4ma

Current price 0.9507

Support

0.9479 55 mma
0.9420 sup
0.9372 strong sup
0.9364 sup
0.9324 June low
0.9290 sup

UK BOE MPC minutes: Voting unchanged

Posted: 19 Jun 2013 01:30 AM PDT

9-0 in favour of keeping interest rates on hold at 0.5%
6-3 in favour of keeping QE unchanged at GBP 375 bln

Link to full minutes here

GBPUSD a little lower at 1.5633 EURGBP up to 0.8567

Highlights:

low wage inflation suggests more benign domestic cost pressures in short-term
still likely that CPI will hit 3% during the summer and remain close to that until autumn
UK economic developments generally positive in past month in line with May inflation report
rise in global yields shows market sensitvity to monetary policy expectations

EURGBP orders

Posted: 19 Jun 2013 01:14 AM PDT

Currently 0.8554

Sellers 0.8580,0.8590,0.8600,0.8620,0.8650,0.8700

Buyers 0.8550,0.8540,0.8525,0.8500,0.8475,0.8460, 0.8450

EURJPY orders

Posted: 19 Jun 2013 01:11 AM PDT

Currently 127.22

Sellers 126.60,127.80,128.00,128.40,128.50,128.60,129.00

Buyers 127.00,126.80,126.50,126.20,126.10,126.00,125.80

AUDUSD orders

Posted: 19 Jun 2013 01:05 AM PDT

Currently 0.9505

Sellers 0.9520,0.9550,0.9575,0.9580,0.9590,0.9600,0.9620,0.9650

Buyers 0.9460,0.9450,0.9430,0.9400,0.9390,0.9380,0.9350

GBPUSD orders

Posted: 19 Jun 2013 01:01 AM PDT

Currently 1.5654

Sellers 1.5680,1.5700,1.5730,1.5750,1.5760,1.5790,1.5800

Buyers 1.5620, 1.5600,1.5575,1.5550,1.5525,1.5500

Olli Rehn sees financial stability anchored in Europe

Posted: 19 Jun 2013 12:56 AM PDT

Current account imbalances have been substantially cut
Jobless at record highs in many EU countries
Latvia had shown impressive economic turnaround

Cypriot bail-out terms will not be revised

Posted: 19 Jun 2013 12:53 AM PDT

So says an unnamed Eurozone official on reuters in response to a request yesterday by the Cypriot president

USDJPY orders

Posted: 19 Jun 2013 12:51 AM PDT

Currently 94.94

Sellers 95.35,95.50,95.80,96.00,96.20,96.50

Buyers 94.80,94.50,94.20,94.10,94.00,93.80

EURUSD orders

Posted: 19 Jun 2013 12:48 AM PDT

Currently 1.3392

Sellers 1.3420,1.3430,1.3450,1.3480,1.3500

Buyers 1.3380,1.3350,1.3340,1.3310,1.3300,1.3280,1.3250

USDJPY below 95.00 as EURJPY gets a fresh kick lower

Posted: 19 Jun 2013 12:40 AM PDT

EURJPY seeing more sell interest down to 127.06 ahead of decent support at 127.00

USDJPY down to 94.89. currently 94.97.

EURUSD feeling the impact too at 1.3395

Japan’s Amari says there may be a cabinet re-shuffle by autumn

Posted: 19 Jun 2013 12:26 AM PDT

Out on reuters

Not a real game changer at this stage

USDJPY 95.08

European equity markets open mostly higher

Posted: 19 Jun 2013 12:10 AM PDT

FTSE +0 .1%
DAX +0.3%
CAC40 +0.2%
IBEX -0.1%
FTMIB +0.4%

USD sellers seen as Europe opens up

Posted: 18 Jun 2013 11:36 PM PDT

We’re seeing some decent selling of the greenback as European traders get to their desks

GBPUSD up through 1.5660

EURUSD 1.3405

USDJPY down at 95.03 with reports of EURJPY selling interest so far

Japan’s Amari: Govt is not pursuing economic policies in response to markets

Posted: 18 Jun 2013 11:14 PM PDT

says markets will stabilize when the real economy improves

The econ min out on reuters saying nothing in particular

USDJPY 95.27

Nikkei 225 closes up 1.83% at 13,245.22

Posted: 18 Jun 2013 11:03 PM PDT

+ 237.94
high 13,296.02
low 13,107.65

USDJPY a few pips lower at 95.27

Congrats to the Socceroos – welcome to Rio

Posted: 18 Jun 2013 10:41 PM PDT

Following on from Eamonn’s post just now I’d like to add my congratulations to the Socceroos for making it through to the world cup finals in Brazil next year, something that England hopefully will also achieve in due course.

Rather disturbingly though it’s not exactly a carnival that awaits at the moment as protestors take to the streets angry at the excessive costs of staging the tournament starting on June 12

The Independent carries this story