8th May - Greek election result a major concern and may cap financial markets..

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Markets recovered well from the early Asian sell-off.

Markets recovered well in Europe/US following the Asian sell-off. Greece, in particular though, will ensure that we do not race away to the topside.  Generally quiet day for data ahead, with the Australian Budget providing the most excitement….

CURRENCIES
EUR/USD: 1.3050 Outlook
Res 1.3080 1.3120 1.3160 The Euro has stabilised after the early Asian selloff following the….to read on, please go to the website and register/login
Sup 1.3000 1.2955 1.2925
USD/JPY: 79.90 Outlook
Res 80.00 80.30 80.50 Usd/Jpy was more or less forgotten about today, trading in a ….to read on, please go to the website and register/login
Sup 79.65 79.50 79.25
GBP/USD: 1.6190 Outlook
Res 1.6200

1.6220

1.6250 It was a UK holiday today and Sterling was thin and traded in a ….to read on, please go to the website and register/login
Sup 1.6120 1.6100 1.6070
USD/CHF: 0.9205 Outlook
Res 0.9250 0.9270 0.9300 The dollar did much as we initially expected, breaking up through the ….to read on, please go to the website and register/login
Sup 0.9170 0.9150 0.9100
AUD/USD: 1.0198 Outlook
Res 1.0220 1.0260 1.0310 The Aud has recovered well from its early Asian selloff yesterday, in line with the….to read on, please go to the website and register/login
Sup 1.0175 1.0150 1.0110
NZD/USD: 0.7940 Outlook
Res 0.7980 0.8000 0.8020 Whereas the Aud has recovered reasonably well over the session, the Kiwi is….to read on, please go to the website and register/login
Sup 0.7917 0.7905 0.7875

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