Asian Indices Fall, Yen Gains
TFI Markets | Apr 23, 2013 05:40AM ET
Asian indices fall and Yen gains as China PMI data expanded less than economists estimated. Flash manufacturing purchasing manager’s index fell to a two-month low of 50.5 against forecast of 51.5. New home sales in the U.S and flash Manufacturing PMI in Europe are the main events for today. Gold futures climbed for fourth straight session currently trading at 1428 while EUR/JPY is trading lower at 129 down 0.5 percent.
Trade Idea
GBPUSD
A clear break above 1.5335 could lead price to 1.5410. Alternative a 4h break and close below 1.5210 targets 1.5100
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