23 Jul 2013
Session Recap: USD firms, USD/JPY back above 100.00
FXstreet.com (Córdoba) - While the EUR/USD and the GBP/USD trade nearly flat on the day, the USD has managed to secure gains versus the safe-haven currencies such as JPY and CHF, underpinned by higher US Treasury yields.
USD/JPY pushed through 100.00 and reached a peak of 100.15 in recent dealings while USD/CHF is challenging the 0.9400 level. EUR/USD failed to hold above 1.3200 and pulled back to around 1.3180, while GBP/USD hovers below 1.5350.
Currencies linked to commodities were also little changed versus the greenback ahead of the American opening. On the data front, EMU consumer confidence and the US Richmond Fed manufacturing index are due for release.
Main Headlines in Europe:
European equity markets open firmer
Flash: What does the EUR/USD have to offer? – UBS and Commerzbank
UK: BBA Mortgage Approvals rose to 37.3K in June
Lower yields in Spanish auctions
USD/JPY pushed through 100.00 and reached a peak of 100.15 in recent dealings while USD/CHF is challenging the 0.9400 level. EUR/USD failed to hold above 1.3200 and pulled back to around 1.3180, while GBP/USD hovers below 1.5350.
Currencies linked to commodities were also little changed versus the greenback ahead of the American opening. On the data front, EMU consumer confidence and the US Richmond Fed manufacturing index are due for release.
Main Headlines in Europe:
European equity markets open firmer
Flash: What does the EUR/USD have to offer? – UBS and Commerzbank
UK: BBA Mortgage Approvals rose to 37.3K in June
Lower yields in Spanish auctions