Shanghai Composite up, “Risk” back on
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The Shanghai Composite Index has shrugged off the overnight fall on Wall St, reversing its opening loses, to trade in positive territory. Its trading up 1.1% at the moment after opening down 0.09%. That coupled with a strong Australian Q2 GDP result has seen "risk" back on. EURJPY has jumped back above 132.00, but needs to take out offers at 132.20, for a move higher. USDJPY is knocking on 93.00 and EUR has been dragged up with EURJPY. Watch 132.20 on EURJPY, above that and we see 132.70
