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Economic News

QUICK MARKET WRAP

QUICK MARKET WRAP 14th JUNE

Major FX traded during a subdued fashion during the opening session to the week here in Asia. USD/JPY tested towards its US (Friday) high above 109.80 but thus far has not carried on higher from there. EUR, CHF, GBP, AUD, NZD, CAD are all little changed from their late Friday levels. Market holidays in Sydney, Melbourne, Hong Kong, and China ensured liquidity in markets was lessened during the session. Gold had lost a couple of dollars, it’s just above US$1866 as posted.