3 Sep 2013
Session Recap: USD mixed, EUR at 6-week lows
FXstreet.com (Córdoba) - The USD is trading mixed Tuesday amid a cautious mood on unconfirmed headlines of a missile launch in the Middle East. Traders jumped into the perceived safe-havens and stocks surrendered earlier gains on the headlines.
The EUR/USD fell back below 1.3200 to a fresh 6-week low of 1.3158 while USD/JPY was around 99.45 after being rejected from the 99.70 zone.
However, the Australian dollar remained stronger on the day around 0.9025 after the RBA kept the benchmark interest rate unchanged at 2.50%. The pound wasbuoyed by UK construction PMI and tose to 1.5600 before losing momentum and falling back to 1.5550.
Main Headlines in Europe:
RBA omits key phrase on Sept's last paragraph
Switzerland: GDP rises 0.5% in Q2
Commodities eked out a small gain on Monday despite thin liquidity
Spain: Unemployment unchanged in August
European bourses opened mixed, EUR in 6-week lows
UK: PMI Construction jumps to 59.1 in August, against forecasts
EMU: Producer Prices up 0.3% MoM in July
Flash: What does the EUR/USD have to offer? – Commerzbank and BTMU
OECD hikes European growth forecasts
Obama faces opposition in Congress, policymakers fear deep US military involvement
The EUR/USD fell back below 1.3200 to a fresh 6-week low of 1.3158 while USD/JPY was around 99.45 after being rejected from the 99.70 zone.
However, the Australian dollar remained stronger on the day around 0.9025 after the RBA kept the benchmark interest rate unchanged at 2.50%. The pound wasbuoyed by UK construction PMI and tose to 1.5600 before losing momentum and falling back to 1.5550.
Main Headlines in Europe:
RBA omits key phrase on Sept's last paragraph
Switzerland: GDP rises 0.5% in Q2
Commodities eked out a small gain on Monday despite thin liquidity
Spain: Unemployment unchanged in August
European bourses opened mixed, EUR in 6-week lows
UK: PMI Construction jumps to 59.1 in August, against forecasts
EMU: Producer Prices up 0.3% MoM in July
Flash: What does the EUR/USD have to offer? – Commerzbank and BTMU
OECD hikes European growth forecasts
Obama faces opposition in Congress, policymakers fear deep US military involvement