Forex Dealer

The financial markets showed limited appetite for risk in the Far East as concerns about the
fortunes of the US economy and the Eurozone peripherals persist. The major currencies need a strong
pretext to recover, despite being oversold. The Asian stock…

ASIA 10-yr JGBs were seen down 18 ticks at 143.31 heading into the European session, as
participants fled safe-haven assets following the good Japanese GDP data overnight. Last price
taken at 0635BST. (RANsquawk) Japanese GDP (Q1 P) Q/Q 1.0% vs. Exp. 0…

The financial markets showed limited appetite for risk in the Far East as concerns about the
fortunes of the US economy and the Eurozone peripherals persist. The major currencies need a strong
pretext to recover, despite being oversold. The Asian stock…

The appetite for risk was arrested on Wednesday by concern other the fortunes of the US economy and
the Eurozone reaction to the Greek shenanigans….

The June Euro continued its sell-off overnight, but as it neared the low for the year at 1.2645,
the market reversed course and is now trading higher….

The euro hit a four-month low, coming under renewed pressure a day after Greece called a new
election that may hand victory to leftists opposed to the terms of an EU bailout, and raise the
risk of the country exiting the euro zone.

Early in the trading session on Tuesday, the June Australian Dollar was making an effort to form a
bottom. Not only was it attempting to crossover to the bullish side of a  downtrending Gann
angle and regain a  Fibonacci retracement level, bu…

• Greece confirms the passover to a caretaker government and a second wave of general elections due
on June 17th. • BoE revise their near-term inflation expectations higher, and their growth
forecasts lower; alongside analyst expectations….

Adversity to risk is widespread while the situation in the Eurozone is deteriorating. German
Chancellor Merkel reiterated her wish that Greece stays in the zone, but the markets disagree….