24 Jun 2013
Session Recap: USD mixed in quiet start to the week
FXstreet.com (Córdoba) - After an early spike of dollar buying, the European session entered in a quieter phase with the yen and the euro clawing back losses.
EUR/USD trades little changed at the 1.3100 area, having dipped to a low of 1.3078, while the USD/JPY pulled back to trade flat at the 98.00 area after peaking at 98.70. Meanwhile, the GBP/USD edged lower and consolidates below 1.5700 as commodity currencies trade lower against the greenback, with USD/CAD trading at 20-month highs.
Elsewhere, European markets and US futures are sharply lower amid worries about the financial system in China. In the US, the data calendar doesn't offer much till Tuesday.
Main Headlines in Europe:
Divorce on the horizon for troika as Brussels and the IMF fight over mistakes
Germany: IFO – Business Climate rises to 105.9 in June
Flash: What now for the EUR? – DB & Commerzbank
European equities extend recent downside
EUR/USD trades little changed at the 1.3100 area, having dipped to a low of 1.3078, while the USD/JPY pulled back to trade flat at the 98.00 area after peaking at 98.70. Meanwhile, the GBP/USD edged lower and consolidates below 1.5700 as commodity currencies trade lower against the greenback, with USD/CAD trading at 20-month highs.
Elsewhere, European markets and US futures are sharply lower amid worries about the financial system in China. In the US, the data calendar doesn't offer much till Tuesday.
Main Headlines in Europe:
Divorce on the horizon for troika as Brussels and the IMF fight over mistakes
Germany: IFO – Business Climate rises to 105.9 in June
Flash: What now for the EUR? – DB & Commerzbank
European equities extend recent downside