Waiting for the LTRO
Source: Advanced Currency Markets | G10 Advancers and Decliners vs USD GBP 0.18 EUR 0.04 CHF 0.02 JPY -0.03 Risk appetite firmed in Asian session ahead of today’s critical ECB 3yr-LTRO. Asia’s regional indices were mixed with Nikkei up 0.01% on the day, the Hang Seng up -0.41% (reversing earlier gains), and the Shanghai Composite lower by 0.95% (records low in USDCNY). After a strong start to the day as the EURUSD rallied to 1.3486, traders have been slowly unwinding, pushing the pair down to 1.3465…. Read More …
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