FX markets were relegated to range bound directionless trading in the Asian session as the lack of substantive news and data kept traders sidelined. EURUSD traded between 1.2910 and 1.2960 for the most part, with a temporary relief rally to 1.2990 on the back of reports that Japan’s Finance minister Noda said Japan intended to purchase bonds issued by Europe’s financial rescue fund (next issue... ...More...


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