3 Sep 2013
Flash: USD price action –BMO
FXstreet.com (London) - “The US dollar is mostly higher against the major and emerging market currencies”, said Marc Chandler for the BBH Global Currency Strategy Team.
Key Quotes:
“The notable exceptions are sterling, which has been lifted by a strong construction PMI, and the Australian dollar, which has been buoyed by a less dovish statement after the RBA kept the cash rate at the record low 2.50%”.
“EUR/USD fell back below the $1.32 level, back to levels not seen since late July”.
“GBP/USD rose to test resistance near $1.5600”.
“USD/JPY is trading around the 99.50 level, after making a high near 99.70 overnight”.
Key Quotes:
“The notable exceptions are sterling, which has been lifted by a strong construction PMI, and the Australian dollar, which has been buoyed by a less dovish statement after the RBA kept the cash rate at the record low 2.50%”.
“EUR/USD fell back below the $1.32 level, back to levels not seen since late July”.
“GBP/USD rose to test resistance near $1.5600”.
“USD/JPY is trading around the 99.50 level, after making a high near 99.70 overnight”.