Unfortunately for the IMF’s managing director Strauss-Kahn, news flow in Asia was light and the markets have remained focused on his overnight stay at Rikers Island. However, while the story is titillating it fails to give FX markets real direction and left most pairs drifting aimlessly. EURUSD found a nice comfortable level right smack in the middle of yesterday’s 1.4048 – 1.4250 range. Even the... ...More...


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