20 Feb 2015
Session Recap: USD gains, focus remains on Greece
FXStreet (Córdoba) - FX market was once again driven by EU/Greek news, with pairs trading stable for most of the American session as investors await the Eurogroup meeting to be held Friday to decide on Greek loan agreement request.
The greenback is closing the day with mild gains versus most competitors. EUR/USD spent the last hours consolidating well-within its recent range, in the lower 1.14’s area, while GBP/USD managed to hold above 1.5400. USD/JPY inched higher but failed to consolidate above the 119.00 mark as USD/CHF flirted with the 0.9500 mark amid chatter of SNB intervention.
Commodity currencies were also on the back foot, although AUD and CAD managed to move off session lows against the USD as oil climbed back above $52.00 after EIA reported a smaller increase in crude inventories than the API data showed yesterday.
Elsewhere, Wall Street indexes closed mixed, with the DJIA shedding 0.22% and the SP500 dropping 0.11%, while the Nasdaq added 0.34%.
The greenback is closing the day with mild gains versus most competitors. EUR/USD spent the last hours consolidating well-within its recent range, in the lower 1.14’s area, while GBP/USD managed to hold above 1.5400. USD/JPY inched higher but failed to consolidate above the 119.00 mark as USD/CHF flirted with the 0.9500 mark amid chatter of SNB intervention.
Commodity currencies were also on the back foot, although AUD and CAD managed to move off session lows against the USD as oil climbed back above $52.00 after EIA reported a smaller increase in crude inventories than the API data showed yesterday.
Elsewhere, Wall Street indexes closed mixed, with the DJIA shedding 0.22% and the SP500 dropping 0.11%, while the Nasdaq added 0.34%.