Asia Mr Tuck and Stuart Ive

Stuart Ive: The euro is at $ 1.1127 early in Asia and Mr, according to Market Watch. Tuck said it has near-term resistance at $1.1150 and support at $1.1080. He noted that he expected risk aversion to remain elevated over the Asian trading day as the markets now have to wait to see whether Greece passed pension overhauls and sales-tax increases, along with further financial-policy measures later in the week. The euro was trading around $1.1162 late in New York on Friday. He added that markets were continuing to digest where things stood in Europe, without a deal being reached, "no clear path" for a solution being found and "a final-final-final deadline now being extended for 72 hours" until the Greek parliament could vote on a new rescue package. Stuart Ive, a senior client adviser at OM Financial in Wellington, said ahead of the market open the euro had traded as low as $1.1035, but following its official open it had pared the move lower. (news.financializer.com). As reported in the news.