30/05/2012 23:36 AST

EUR/USD is currently at 1.2465, off from another fresh 2012 lows at 1.2456 and lowest since July 2010, amid a new round in risk-off sentiment sending local share markets to the red again, Nikkei down -0.73%, and gold flirting with fresh weekly lows below $1550. Worse than expected Aussie retail sales figures pressed risk sellers to print new session lows in a downward session that started around 1.2487 highs.

London session ahead shows a soft EUR macro data related agenda, with only EZ M3 money supply at 08:00 GMT along with EU private loans at same time and EU retail PMI 10 minutes later, for then after NY open ECB chairman Draghi due to give a speech at Brussels. Headlines coming from new developings from Spain will probably bring volatility to markets, as well as Italy sovereign bond auctions looking for more than ?6B in 5 and 10 year maturities. Spain 10y yields sit now around the 6.45% and Italy's at 5.90%.

For the immediate term, support to the downside for EUR/USD sits at recent session and 2012 lows 1.2456, followed by June 17/28 2010 highs at 1.2414/1.2398 and June 1st 2010 lows 1.2354. For the upside, closest resistance shows at Friday's lows 1.2490, followed by yesterday's Asian session lows at 1.2508 and Monday's lows 1.2525.


NASDAQ

Ticker Price Volume
US Dollar 1.00
Euro 0.88
British Pound 0.77
Japanese Yen 113.21
Saudi Riyal 3.75
Kuwaiti Dinar 0.30
Derham Emirati 3.67
Bahraini Dinar 0.38
Omani Riyal 0.39
Qatari Riyal 3.67
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