Turnover has been generally light this week, most of the big EUR short positions have already been greatly reduced, and it looks as if the last few headed for the exit overnight. Risk trades in general got a boost from positive sentiment that the G20 might achieve something, anything, and that the Greek elections may not have such a catastrophic effect.
Risk-off Friday usually means that the risk trades edge lower in Asia, but today it could mean some final positional adjustment ahead of the weekend. Nothing much on the economic calendar ahead of the BOJ later this afternoon.
Good luck today and TGIF.
