Andy Harrison
Good morning,
LMAX Close Wellington open
USDJPY 105.174 105.13-18 | EURUSD 1.37464 1.3747-52 | EURJPY 144.564 144.46-70 | AUDUSD 0.88687 0.8864-75 | NZDUSD 0.81519 0.8145-60 | USDCAD 1.0707 1.0693-1.0710 | EURCHF 1.22554 1.2253-58 | USDCHF 0.89172 0.8887-0.8938 | GBPUSD 1.64822 1.6451-1.6520 | EURGBP 0.8340 0.8345-55 |
Interbank Ranges as of 6am London time
Highs   Lows
USD/JPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 105.415 | 105.14
EUR/USDÂ Â Â Â Â Â Â Â Â Â Â Â 1.3770 | 1.37285
EUR/JPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 145.005 | 144.555
AUD/USDÂ Â Â Â Â Â Â Â Â Â Â 0.8866 | 0.8834
NZD/USDÂ Â Â Â Â Â Â Â Â Â Â Â 0.8177 | 0.8119
USD/CADÂ Â Â Â Â Â Â Â Â Â Â Â 1.0728 | 1.0693
EUR/CHFÂ Â Â Â Â Â Â Â Â Â Â Â Â 1.2265 | 1.2253
USD/CHFÂ Â Â Â Â Â Â Â Â Â Â Â 0.8931 | 0.8900
GBP/USDÂ Â Â Â Â Â Â Â Â Â Â Â 1.6500 | 1.6468
EUR/GBPÂ Â Â Â Â Â Â Â Â Â Â Â 0.83505 | 0.83365
Overnight News
GBP: UK government could sell Lloyds stake in 2014 Telegraph
For today
- EUR: With an accumulation of offers built up to the 1.3800 levels and the holiday period still upon us the market struggled from a high opening around the 1.3755 level peaking early in the session just below 1.3770 and then drifting for the remainder of the session to trade around the 1.3740 levels with light bids down to the 1.3700 level. With light volume going through the market remains quiet one would suspect into the New Year.
- GBP: Cable opened close to its closing level and traded from the 1.6480 levels to touch the 1.6500 level in early trading however, the move was exaggerated by the lack of depth to the market during the holiday period, and we remain for the moment around those opening levels in a lacklustre market.
- JPY: The USDJPY opened around the 105.15/20 levels and was quickly bid in early trading moving to above the 105.35 levels before touching above the 105.40 levels into the Tokyo session however, with limited interest to the 105.70 level any stops above that level seem to be vulnerable and there is very little talk this time of option barriers to stand in the way, but this is vague at best. Downside sees only light mixture for a good big figure and is also weak for the moment.
- AUD: The market slowly weakened over the early part of the session with AUDJPY selling making an early appearance in the market, trading down from the 0.8870 level the Oz eventually found some support in the mid 0.8830’s and has since pushed back above the 0.8855 levels and holds in that area with little showing to the topside and only light bids falling to the 88 cent level the market seems devoid of players for the most part at the moment.
Today’s data
Actual = A | Consensus = C | Previous = P | Revised = R All timings GMT
15:00Â Â Â Â USDÂ Â Â Â Â Â Pending Home Sales M/M Nov C 1.00% | P -0.60%
Friday’s premiership results
Actual = A | Consensus = C | Previous = P | Revised = R All timings GMT
JPYÂ Â Â Â Â Â Â Â Nomura/JMMA Manufacturing PMI Dec A 55.2 | P 55.1
JPYÂ Â Â Â Â Â Â Â Household Spending Y/Y Nov A 0.20% | C 1.90% | P 0.90%
JPYÂ Â Â Â Â Â Â Â Unemployment Rate Nov A 4.00% | C 3.90% | P 4.00%
JPYÂ Â Â Â Â Â Â Â National CPI Core Y/Y Nov A 1.20% | C 1.10% | P 0.90%
JPYÂ Â Â Â Â Â Â Â Tokyo CPI Core Y/Y Dec A 0.70% | C 0.70% | P 0.60%
JPYÂ Â Â Â Â Â Â Â Industrial Production M/M Nov (P) A 0.10% | C 0.60% | P 0.50%
JPYÂ Â Â Â Â Â Â Â Retail Trade Y/Y Nov A 4.00% | C 2.90% | P 2.30% | R 2.40%
JPYÂ Â Â Â Â Â Â Â Labour Cash Earnings Y/Y Nov A 0.50% | C 0.40% | P 0.10% | R -0.10%
USDÂ Â Â Â Â Â Crude Oil Inventories A -4.4M | C -2.65M | P -2.9M
Stay lucky
Andy