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14 Jun 2013

Flash: A volatile session see’s dollar lower - OCBC

FXstreet.com (London) - Emmanuel Ng for OCBC explained that after a volatile session, the USD ended lower against the majors with the antipodeans also bouncing off intra-day lows to outperform strongly across the board.

Asian equities fall

Earlier in the global session, widespread losses in Asian equities had raised the level of risk aversion and supported the broad dollar but a subsequent rise in US equities (on the back of better than expected May retail sales numbers and lower than expected weekly initial claims) fuel positive investor sentiment.

Jun 14, 2013

EUR/JPY stabilizes in negative territory after EMU CPI

The EUR/JPY foreign exchange rate has traded unevenly Friday, surrounding a recent tranche of economic data out of the EMU.

EUR/CHF holds above 1.2300 after CPI in EMU

The EUR/CHF technical cross has traded off its highs at 1.2341 Friday, only to edge lower during the European session, whilst holding above the 1.2300 barrier.