Crosses hold in a range

Market news

22 December 2010

Crosses hold in a range

EUR/JPY was a bit livelier with an early rally to Y110.07 before drifting lower to Y109.73 and as euro strength was negated by the falling dollar-yen. GBP/JPY slipped briefly below Y129 to Y128.92 following UK data and BOE minutes, before recovering to Y129.10. AUD/JPY remained rangebound Y83.30/50 despite a visit to parity from the AUD/USD.

EU session review: Yen declines versus Euro, snaps 5-day gain

GBP/USD recovers

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