10 Feb 2015
Session Recap: Yen underperforms in otherwise quiet session
FXStreet (Córdoba) - Majors enjoyed a consolidative session in America in the absence of first-tier economic data or news, save USD/JPY.
EUR/USD consolidates above 1.1300 and is on track to close the day little changed, having recovered from lows amid reports of progress in EU-Greek negotiations. GBP/USD climbed three quarters of a cent from daily lows, but the recovery stalled at the 1.5275 area, while USD/CHF spent most of the session. in a tight range around 0.9250
On the other hand, USD/JPY rallied more than 100 pips from lows and reached its highest level since Jan 9, underpinned by higher US yields and better appetite for risk.
The Canadian dollar was, along with the yen,among the worst performers of the day, tracking oil setback. USD/CAD rose nearly 200 pips throughout the day and pierced above 1.2600 to hit a high of 1.2623 before easing slightly. AUD and NZD were a touch softer trading at 0.7765 and 0.7390.
Main Headlines in America:
NFIB small business confidence optimism declines after two strong months
NY regulator sends subpoenas to more banks on possible fx rigging
JOLTS little changed in December
WTI Crude hits fresh session lows
Gold stuck between 50-DMA and 200-DMA
Greece: Euro traders, heads up - Scotiabank
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=e686117c-5dd5-4d68-8c61-29a1cd395363">Forex Movers: USD on the offensive; Oil down after three positive days
Wall Street closed with solid gains on Greece hopes; S&P at highs of the year
EUR/USD consolidates above 1.1300 and is on track to close the day little changed, having recovered from lows amid reports of progress in EU-Greek negotiations. GBP/USD climbed three quarters of a cent from daily lows, but the recovery stalled at the 1.5275 area, while USD/CHF spent most of the session. in a tight range around 0.9250
On the other hand, USD/JPY rallied more than 100 pips from lows and reached its highest level since Jan 9, underpinned by higher US yields and better appetite for risk.
The Canadian dollar was, along with the yen,among the worst performers of the day, tracking oil setback. USD/CAD rose nearly 200 pips throughout the day and pierced above 1.2600 to hit a high of 1.2623 before easing slightly. AUD and NZD were a touch softer trading at 0.7765 and 0.7390.
Main Headlines in America:
NFIB small business confidence optimism declines after two strong months
NY regulator sends subpoenas to more banks on possible fx rigging
JOLTS little changed in December
WTI Crude hits fresh session lows
Gold stuck between 50-DMA and 200-DMA
Greece: Euro traders, heads up - Scotiabank
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=e686117c-5dd5-4d68-8c61-29a1cd395363">Forex Movers: USD on the offensive; Oil down after three positive days
Wall Street closed with solid gains on Greece hopes; S&P at highs of the year