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May 2, 2013
Forex: EUR/USD forms a false break at 1.32 - 2ndSkies
After unraveling its day range by breaking through 1.3130 on Tuesday and 1.32 the next day, EUR/USD failed to sustain the bullish momentum through the last US session, with the rate closing at 1.3175 after a 1.3240 high.
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May 2, 2013
Forex: AUD/JPY edges lower during Asia trade, unable to hold 100.30 support
The AUD/JPY is leaking lower in early Asia trade, down 35 pips at 99.75. Earlier in the session, the Bank of Japan released minutes from its latest monetary policy meeting, but the release did not have much effect on the pair. Furthermore, Australia will be releasing its latest Building Permits (forecast +1.3%).
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