Fitch Warns of Chinese Banks ‘Bubble Risk’

G10 Advancers and Decliners vs USD EUR 0.15 CHF 0.08 JPY 0.05 GBP -0.03 FX markets were choppy in the Asian session but little changed, as traders await a slew of economic data and events.The NZD/USD was range-bound between 0.710-35 range for the early part of the session, before risk was sold [...]

G10 Advancers and Decliners vs USD
EUR 0.15
CHF 0.08
JPY 0.05
GBP -0.03
FX markets were choppy in the Asian session but little changed, as traders await a slew of economic data and events.The NZD/USD was range-bound between 0.710-35 range for the early part of the session, before risk was sold off as concerns over Chinese banks and worries over European Commission assessment of Greece’s deficit-cutting plan spread. Markets become temporarily risk averse, as news that…

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