9 Mar 2015
Session Recap: USD steadies after Friday’s rally
FXStreet (Córdoba) - The dollar steadied as US stocks recovered from sharp losses scored last Friday following surprisingly strong nonfarm payrolls figures.
No signs of progress from the Eurogroup and the ECB launching its QE program had little impact on the euro, which went through a consolidation phase near its 11-year low of 1.0822 scored during the Asian session. EUR/USD settled in a slim range around 1.0850 after a recovery attempt was capped by the 1.0900/05 area.
It was overall a quiet session in the absence of first-tier US data.
GBP/USD managed to end higher, having recovered the 1.5100 level after bouncing from a low of 1.5030. USD/JPY is trading above 121.00, having reached a fresh 3-month high of 121.0 during the New York session.
AUD/USD and USD/CAD remained little changed around around 0.7700 and 1.2600 respectively.
In Wall Street, main indexes closed higher. The Dow Jones Industrial Average climbed 0.8%, to 17,955.72. The S&P 500 rose 0.4% to 2,079.43. The Nasdaq Composite gained 0.3% at 4,942.44.
No signs of progress from the Eurogroup and the ECB launching its QE program had little impact on the euro, which went through a consolidation phase near its 11-year low of 1.0822 scored during the Asian session. EUR/USD settled in a slim range around 1.0850 after a recovery attempt was capped by the 1.0900/05 area.
It was overall a quiet session in the absence of first-tier US data.
GBP/USD managed to end higher, having recovered the 1.5100 level after bouncing from a low of 1.5030. USD/JPY is trading above 121.00, having reached a fresh 3-month high of 121.0 during the New York session.
AUD/USD and USD/CAD remained little changed around around 0.7700 and 1.2600 respectively.
In Wall Street, main indexes closed higher. The Dow Jones Industrial Average climbed 0.8%, to 17,955.72. The S&P 500 rose 0.4% to 2,079.43. The Nasdaq Composite gained 0.3% at 4,942.44.