13 Feb 2015
Session Recap: USD edges lower
FXStreet (Córdoba) - It was a lackluster session for the greenback, which inched lower versus most competitors, weighed by disappointing US data. US consumer sentiment unexpectedly dropped in February, with the Reuters/Michigan February index falling to 93.6, below the 98.1 expected.
The EUR/USD and the GBP/USD are closing the third week in a row with gains around the circa 1.1400 and 1.5400 respectively.
The euro has shown pretty resilient despite uncertainty about Greek debt situation. Next week, Greek debt negotiations are likely to set the tone across markets. Also FOMC minutes and the brand new ECB minutes will attract investors’ attention.
USD/JPY extended its pullback from 1-month highs and settled lower on the day and the week below the 119.00 mark. Meanwhile, commodity currencies accomplished mild daily gains, underpinned by oil recovery and stocks gains.
In Wall Street, main indexes closed with positive results, with the S&P 500 closing at a record of 2096.94.
The EUR/USD and the GBP/USD are closing the third week in a row with gains around the circa 1.1400 and 1.5400 respectively.
The euro has shown pretty resilient despite uncertainty about Greek debt situation. Next week, Greek debt negotiations are likely to set the tone across markets. Also FOMC minutes and the brand new ECB minutes will attract investors’ attention.
USD/JPY extended its pullback from 1-month highs and settled lower on the day and the week below the 119.00 mark. Meanwhile, commodity currencies accomplished mild daily gains, underpinned by oil recovery and stocks gains.
In Wall Street, main indexes closed with positive results, with the S&P 500 closing at a record of 2096.94.