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14 Jun 2013
Session Recap: EUR/USD under mild pressure
FXstreet.com (Córdoba) - FX market enjoyed a relatively calm session, with the USD mixed across the board, trading higher versus its European peers but lower versus the yen.
EUR/USD was subjected to very gradual pressure, sliding to the 1.3310 area from 1.3380 at the Asian opening. GBP/USD dropped below 1.5700 toward a low of 1.5615 ahead of the NY opening.
Elsewhere, USD/JPY hovers barely below the 95.00 mark, down 0.4% on the day while commodity currencies are little changed. European markets are mostly higher, tracking Asian gains, while US futures wavered ahead of the next string of US data including consumer sentiment and industrial production.
Main Headlines in Europe:
QE tapering? Plenty of USD bulls at ICU assuming so...
EMU: CPI rose 1.4% YoY in May
European equities edge higher Friday
Commodities Brief – Precious metals cling to bearish tendencies, crude at 97.0
S&P affirms Spain at BBB-, outlook negative
EUR/USD was subjected to very gradual pressure, sliding to the 1.3310 area from 1.3380 at the Asian opening. GBP/USD dropped below 1.5700 toward a low of 1.5615 ahead of the NY opening.
Elsewhere, USD/JPY hovers barely below the 95.00 mark, down 0.4% on the day while commodity currencies are little changed. European markets are mostly higher, tracking Asian gains, while US futures wavered ahead of the next string of US data including consumer sentiment and industrial production.
Main Headlines in Europe:
QE tapering? Plenty of USD bulls at ICU assuming so...
EMU: CPI rose 1.4% YoY in May
European equities edge higher Friday
Commodities Brief – Precious metals cling to bearish tendencies, crude at 97.0
S&P affirms Spain at BBB-, outlook negative