ForexLive Asian market wrap:

Author: Sean Lee | Category: News

Very little to report again today with only a brief flurry of activity in EUR/JPY, to take out a barrier at 110.00, and thereafter all has been quiet with the majors returning to their opening levels.

USD/JPY opened at 83.35, edged higher above 83.50 on the back of EUR/JPY and AUD/JPY buying, but has settled back to its opening level in very quiet afternoon trade. Ranges: 83.33/56; EUR/JPY 109.72/110.14

EUR/USD has traded in a quiet 25 pip range with EUR/JPY flows again the only significant activity. Ranges: 1.3161/87

AUD/USD broke above 1.0600 on some mild stop-loss buying as well as AUD/JPY demand but it’s been one of the quieter AUD trading sessions in recent times. Ranges: 1.0582/1.0615

Cable 1.5825/50; EUR/CHF 1.2060/70