The Traderszone Network

President Trump is likely to take an aggressive approach to the yen when he meets Japanese Prime Minister Shinzo Abe.

Currently 0.7634 tightly contained for the moment
Offers:  0.7650
0.7685
0.7700 0.7730 0.7750
Bids:  0.7620   
0.7600 0.7580 

German DIHK chambers of commerce latest report 8 Feb

Currently 1.0647 just off session lows
EUR supply notable again trsy yields rise but dip-demand still awaiting
Offers: 1.0730
1.0680-85
1.0700-05
1.0750 
Bids:  

Currently 112.25  still ranging
Yen plays continuing to impact and I remain a rally seller.
Bids building into 112.00
Offers: 113.20  
112.50-55
Bids:   112.00 111.65 111.30

Equities delicately poised again as European markets get underway 8 Feb
– FTSE flat
– DAX +0.2%
– CAC40 +0.3%
– FTMIB +0.3%
– IBEX +0.3%

The risk of France leaving the eurozone has heightened in recent days after far-right candidate Marine Le Pen on Sunday launched her presidential campaign with a hardline speech on immigration and globalization.
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