Tuesday, 10 February 2015

Forex - Aussie nearly flat as Greece outweighs housing, consumer sets

The Australian dollar gave up most early gains and traded near flat in Asia on Wednesday on a mix of upbeat housing data and consumer sentiment but as investors focused on Greece, and China data ahead.

AUD/USD changed hands at 0.7772, up 0.02%, while USD/JPY traded at 119.66, up 0.19%. EUR/USD traded at 1.1320, flat.
Greece's Parliament approved the government's economic plan in a vote late Tuesday that sets up a showdown with country's international
creditors beginning this week in Brussels.
With 162 'yes' votes against 137 'nos' with one absentee lawmaker, Prime Minister Alexis Tsipras earned approval for a plan that rolls back many of the austerity measures agreed by the former government of Antonis Samaras.
Japanese markets are closed for a public holiday. Elsewhere, another series of Chinese data releases are expected to generate interest today.
Read more Click here / www.trade4x.net

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