The dollar and yen picked up some safe haven demand during pre-London trading in Asia, though not before printing fresh lows against many currencies. This saw EUR-USD ebb back to a 1.1723 low after earlier printing an eight-day high at 1.1755. EUR-JPY fell back to a low at 123.62 after posting a 12-day peak at 124.26. USD-JPY ebbed back under 105.50 after pegging a 15-day high at 105.81. AUD-JPY dropped from an eight-day high, with AUD-USD seeing a similar price action. The other dollar bloc currencies also came under pressure, as did many currencies from the developing world.

For more info about this post:

View Source

close

Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Rate an article for points!

Leave a Reply

Your email address will not be published. Required fields are marked *