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• EURUSD buyer down here
• More from Nowotny: a whole range of unconventional measures being discussed by the ECB
• UK trade balance april: GBP -8.224 bln vs -8.8 bln exp
• ECB’s Nowotny: Eurozone is the weakest link
• TGIF
• AUDUSD orders
• EURJPY orders
• CHF orders
• GBPUSD orders
• USDJPY orders
• EURGBP orders
• European equity markets open mostly higher
• SNB forex reserves up to CHF 441 bln at end of may
• EURUSD orders
• French budget balance april: EUR -66.8 vs -31.03 bln prev
• French trade balance april: EUR -4.5 bln vs -4.5 bln prev
• Bundesbank lowers 2013 GDP forecast to +0.3% from +0.4%
• USDJPY slapped again as Nikkei futures dump
• Nikkei 225 closes lower at 12,877.53
• Japan’s public pension fund says it will change asset allocation target

EURUSD buyer down here Posted: 07 Jun 2013 02:03 AM PDT I’m hearing  a US investment house is hoovering up a few down here around 1.3225. Apparently he was also a large buyer yesterday As always, make of the info what you wish Currently 1.3233

More from Nowotny: a whole range of unconventional measures being discussed by the ECB Posted: 07 Jun 2013 01:50 AM PDT can’t rule out that the ECB might need to take further action need to see how Eurzone recvoery pans out on H2 2013 More reality check comments  send EURUSD to 1.3225

UK trade balance april: GBP -8.224 bln vs -8.8 bln exp Posted: 07 Jun 2013 01:31 AM PDT -9.175 prev revised down from 9.06 bln non-EU trade GBP -3.414 bln vs -3.47 bln prev total trade deficit GBP-2.58 bln vs -3.47 bln prev 7% fall in EU imports offsets a decline in exports Little impact  GBPUSD 1.5580

ECB’s Nowotny: Eurozone is the weakest link Posted: 07 Jun 2013 01:16 AM PDT in the global economy just out on the wires recession has reached the core countries of the Eurozone considerable risks  to recovery based on export and investment levels EURUSD down to 1.3236

TGIF Posted: 07 Jun 2013 01:07 AM PDT Adam’s away  so ain’t gonna  play Ryan’s the cover, so can’t be your lover ( but I’m sure he ‘ll pop up somewhere here before officially starting at 12.00 gmt  ) So it’s just you and me til then.. TGIF eh? Time for a sing-a-long!

AUDUSD orders Posted: 07 Jun 2013 12:58 AM PDT Currently trying to hold above 0.9500 after a recent rally from 0.9485 Sellers 0.9520,0.9550,0.9570,0.9600,0.9620 Buyers 0.9470.0.9460,0.9450,0.9425,0.9400,0.9380

EURJPY orders Posted: 07 Jun 2013 12:54 AM PDT Currently a little dazed n confused at 127.88 Sellers 128.00, 128.50, 129.00,129.20,129.50 Buyers 127.50,127.00,126.75,126.50

CHF orders Posted: 07 Jun 2013 12:36 AM PDT USDCHF 0.9289 Sellers 0.9300, 0.9320,0.9350,0.9370,0.9400 Buyers 0.9250,0.9225,0.9200 EURCHF 1.2303 Sellers 1.2320,1.2350,1.2360,1.2380 Buyers 1.2275,1.2250, 1.2200

GBPUSD orders Posted: 07 Jun 2013 12:30 AM PDT Starting to just fall back a little after clinging to 1.5600 for a while.. currently trying to chew through bids at 1.5580 Sellers 1.5600,1.5610,1.5625,1.5650,1.5680,1.5700 ( barrier option related),1.5720 Buyers 1.5570, 1.5560,1.5530,1.5500,1.5470,1.5450

USDJPY orders Posted: 07 Jun 2013 12:26 AM PDT After the wild and wacky moves so far here’s what’s currently out there.. now 96.65 Sellers  97.00,97.10, 97.30, 97.50,97.80 98.00 Buyers 96.30,96.20,95.90,95.60, 95.50, 95.30

EURGBP orders Posted: 07 Jun 2013 12:20 AM PDT Currently trying to maintain rally above 0.8500 Sellers 0.8510, 0.8520, 0.8540,0.8565,0.8580, 0.8590,0.8600 Buyers 0.8480, 0.8450,0.8440,0.8420,0.8400

European equity markets open mostly higher Posted: 07 Jun 2013 12:16 AM PDT FTSE  flat DAX +0.1% CAC40 +0.2% IBEX +0.1% FTMIB +0.4%

SNB forex reserves up to CHF 441 bln at end of may Posted: 07 Jun 2013 12:10 AM PDT vs CHF 436 bln at end of april No great change so it doesn’t tell us too much about levels of activity, but it does mean they maintain the capacity to act if needed USDCHF 0.9284 from 0.9255 lows   EURCHF 1.2305 from 1.2275 lows

EURUSD orders Posted: 07 Jun 2013 12:03 AM PDT Currently a tad higher at 1.3258 Sellers 1.3270, 1.3280,1.3300,1.3320,1.3340,1.3350 Buyers 1.3225,1.3200,1.3190,1.3170, 1.3150, 1.3130

French budget balance april: EUR -66.8 vs -31.03 bln prev Posted: 06 Jun 2013 11:50 PM PDT vs -59.9 bln in april 2012

French trade balance april: EUR -4.5 bln vs -4.5 bln prev Posted: 06 Jun 2013 11:46 PM PDT revised up from -4.7 bln prev imports EUR bln 42.3 bln vs 40.9 bln prev exports EUR bln 37.8 vs 36.s bln prev EURUSD unchanged at 1.3247

Bundesbank lowers 2013 GDP forecast to +0.3% from +0.4% Posted: 06 Jun 2013 11:32 PM PDT 2014 GDP forecast down to +1.5% from +1.9% mainly due to drop in exports BUBA report.. more deets to follow Euro a little lower at  EURUSD 1.3248 EURGBP 0.8491 EURAUD 1.3921 Add: sees German 2013 inflation at 1.6% vs 1.55 prev   2014 inflation at 1.5% vs 1.6% prev expects Q2 growth to be “quite strong” then slacken off growth depends on stablization of Eurozone but global recovery equally important

USDJPY slapped again as Nikkei futures dump Posted: 06 Jun 2013 11:18 PM PDT Down to 96.45 in a rush.. currently 96.56 Unless you’ve got a strong view on this pair over the medium term ( which I don’t ) you’d be advised to stay well clear right now It may be a jobbers delight for some, but get caught on the wrong side for even one part of it and you’re in trouble Survive to live another day

Nikkei 225 closes lower at 12,877.53 Posted: 06 Jun 2013 11:08 PM PDT -0.2%

Japan’s public pension fund says it will change asset allocation target Posted: 06 Jun 2013 11:07 PM PDT The GPIF ( Govt Pension Investment Fund) is the world’s largest public pension fund with over USD1 trillion in assets plans to life the weighting of domestic stocks and lower that of yen bonds USDJPY up on the news to 97.15 but now back down to 96.88 Blink and… Add: foreign bond weighting will be lifted to 11% from 8% yen bonds lowered to 60% from 67% foreign stocks increased to 12% from 9%

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