The Traderszone Network

The airstrikes on Raqqa, which France said were coordinated with the U.S., come after French President François Hollande vowed a “merciless” response to the fatal attacks in Paris on Friday.
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Ok folks as the new week gets underway what are you looking at right now?
Share your trading ideas and thoughts with your Forexlive community here
I make no apologies for playing this iconic track again at this reflective time

Bloomberg reporting Asian-based market sources
– Tokyo-based corps are leaving sell orders lower than previously
– clients are more concerned about risk aversion than they were last quarter
So it’s looking as though yen buyers will be prevailing for the moment, with safe-haven demand spilling into the Nikkei which traded softer as the gave rise to more BOJ easing

Softer tones with yen appreciation
– -203.22
– open 19263.96
– high 19451.09
– low 19252,04
– USDJPY 122.44

Reuters reporting comments from the  gov Mubarak Rashid al-Mansouri at a conference in Dubai
Central Bank of UAE
– immediate impact of US interest rate hike will be “appropriate adjustment” of UAE rates
In 1978, the Dirham adopted a fixed exchange rate to the IMF’s special drawing rights (SDR). It was then re-pegged to the US
Dollar in 1997 at a rate of 1 USD to 3.6725 AED.

So says PBOC’s Pan Hongsheng, an official at the mon pol dept, writing in Caixin online
– China has unprecedented difficulty to stabilise growth
– China faces severe challenge in preventing regional and systemic financial risks
Bloomberg reporting and notes that the article represents Pan’s personal view and doesn’t represent PBOC per se

Squawk Box Live is tracking the latest updates as France enters a third day of mourning after deadly attacks in Paris killed 129 people on Friday.