Muted movement in forex rates so far this Asia morning.
The EUR has lost a little of its early lustre, backing off from just above 1.2730 to 1.2719 now, while the AUD, NZD, and CAD have also slipped marginally from their earlier bid tone.
I highlighted Cable as being the laggard on the earlier biddishness seen in EUR, AUD, NZD and CAD, and indeed this has continued, its slipped a little from its earlier flat line. Using the Dec. Emini S&P as a proxy for the US equity mkts, its lost ground since Friday’s close, 1373.25 last after as high as 1377.75 in the aftermath of the Greek parliament passing the 2013 budget.
EUR/USD 1.2720
AUD/USD 1.0390
NZD/USD 0.8144
USD/CAD 1.0000
GBP/USD 1.5896