Forex news for Asia trading Tuesday 17 May 2016
Cable (and GBP crosses) was a big mover in early Tokyo. It had edged up in the earlier hours, consolidating its overnight gains but jumped when taking out stops loss buyers above 1.4420. An earlier Brexit poll (55 to stay, 40 to go) was cited as a contributing factor to the strength. Dunno ’bout that. But it didn’t it any harm.