The forex trading headlines for Asia trading today, Monday July 15
It was a holiday Monday in Japan, which kept liquidity tight during the session. Most currencies were relatively quiet and range-bound, with AUD providing much of the action.
The Australian dollar opened and found some support in the early going, trading up to just shy of 0.9100 before sellers held it. The retrace down was shallow, with buyers ahead of 0.9050. The morning was spent waiting for the Q2 Chinese GDP figures, which were leaked about 90 seconds early via the China Securities Journal (see bullet, above). The Australian dollar jumped to 0.9090 on the leak and then found a little more strength to 0.9105/10 on official confirmation. But there was no further follow-though and it settled below 0.9095.
Source: http://feedproxy.google.com/~r/forexlive-rss/~3/idoRD1aVvNU/
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