- HSBC China services PMI steady at 52.5
- Official China PMI 52.9, down from 56.0 in December
- NIESR downgrades UK growth expectations for 2012
- Japanese FinMin Azumi comments again against excessive speculation
- Fed’s Fisher speaks out against QE3
- EUR/CHF: 20 billion+ in stops reported just below 1.2000
- Regional stocks -0.25% on average
- Gold $1760/oz; Oil $96.50/bbl
Quiet session in Asia ahead of tonights NFP data.
AUD/USD opened near 1.0710 and has drifted slowly lower on a typical risk-off Friday in Asia. Solid selling interest has been reported out of Asian players, for the second successive day. Range: 1.0671/1.0714
EUR/USD has traded in a 30 pip range, just like it did during NY, with the market totally in holding mode ahead of the NFP. Ranges: 1.3112/49
USD/JPY 76.11/24; EUR/CHF 1.2043/56; Cable 1.5783/1.5822
