The Traderszone Network

IMF Managing Director Christine Lagarde on Tuesday said the recovery of the global economy was continuing, but warned it was still delicate.

Currently 110.48 with risk-off yen-demand prevailing so far
Barrier option support into 110.00 but that didn’t count for much at 110.50
Offers: 110.65 110.80 111.00 111.25-30 111.60 111.80 112.00 112.20 112.50 112.65 112.80 113.00 (strong) 

Currently 1.1360 on the back foot
Caught up in the cross play crossfire. EURJPY prime mover. Some bids back in below 1.1350
Offers:  1.1385 1.1400 1.1420 1.1435 1.1450 1.1480 1.1500 1.1530 1.1550

Currently 0.7992 and still underpinned
UK services PMI data coming up at 08.30 GMT
Offers:  0.8000 0.8020 0.8030 0.8060-65 (strong) 0.8085 0.8100
Bids:  0.7970-75 0.7950 0.7930 0.7900 0.7880-85 0.7865 0.7850

Currently 1.4212 on session lows.
Key UK services PMI data out at the bottom of the hour 08.30 GMT. Keep selling those GBP rallies.
Offers: 1.4230 1.4250 1.4280 1.4300 1.4320-25 1.4350 (strong) 1.4380 1.4400

Final data out now
– 54.0 flash
– composite 53.1 vs 53.7 exp/flash
Full report
here
I’m going to have to get myself an even bigger typing finger ice-bucket.