Forexlive Asia-pacific FX news wrap 27 Jun - Intervention risks brewing ...Middle East

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Forexlive Asia-pacific FX news wrap 27 Jun - Intervention risks brewing
source : forex live ( Middle East ) () 36
It's been a very quiet session on the Asia-Pac side with very little notable news releases or fundamental news.The biggest focus for markets have been the continued weakness in the JPY which saw the USDJPY trade very close to the 161 level, but has since backed off the highs.Looking at the price action across major asset classes is worth keeping in mind that messy price action is what we would expect in weeks where we have quarter-end flows in the mix.When we see the type of flows we have so far this week without any meaningful fundamental catalyst, it means we need to take what we see with a pinch of salt.Be careful out there.Risk sentiment pretty mixed as Asia-Pac comes to a closeGoldman l

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