9th May - Greek and French political concerns keep pressure on the Euro.

by - -

Greece back in the frame as the culprit, sending markets lower.

Markets had a tough session as Greece and France kept the pressure on Financial Markets today as the EU austerity package looks like falling apart.  Aud and Kiwi suffered as risk positions were unwind. European Equities were down around 2 -3%.

CURRENCIES
EUR/USD: 1.3005 Outlook
Res 1.3080 1.3120 1.3155 Greece is firmly back in the centre of the action today, following the ..
Sup 1.2955 1.2925 1.2868
USD/JPY: 79.85 Outlook
Res 80.00 80.20 80.50 Once again, Us$/Jpy is more or less sidelined today. An earlier attempt above..
Sup 79.65 79.50 79.25
GBP/USD: 1.6160 Outlook
Res 1.6200 1.6220 1.6260 Sterling has had a choppy but pretty directionless session, ending up 
Sup 1.6120 1.6100 1.6070
USD/CHF: 0.9235 Outlook
Res 0.9250 0.9270 0.9300 There is nothing to add on the Chf today. It has done very little ..
Sup 0.9200 0.9170 0.9150
AUD/USD: 1.0120 Outlook
Res 1.0150 1.0175 1.0200 The Aud had a tough session again today, but has .
Sup 1.0090 1.0030 1.0000
NZD/USD: 0.7878 Outlook
Res 0.7905 0.7920 0.7945 As with the Aud, the Kiwi had a 
Sup 0.7860 0.7825 0.7790

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