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|1 EUR||1.32843|| |
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EUR/USD2014-08-20 09:54 UTC
EUR-USD logged an 11-month low of 1.3285 after breaching 1.3300 and last November's 1.3295 low. The move reflects broad dollar strength, with USD-JPY, for instance, having concomitantly made new four-moth highs above 103.30. The dollar is unpinned following net positive U.S. data yesterday and comes ahead of the FOMC minutes from the late July meeting, due later today, which may show the hawkish voices at the Fed strengthening a little. ... Read More ►
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XE Market Analysis
North American Edition2014-08-20 09:54 UTC
The dollar extended gains against the euro and yen, among other currencies. EUR-USD has logged an 11-month low of 1.3285 after breaching 1.3300 and last November's 1.3295 low, and USD-JPY spiked to a four-month highs above 103.30. The greenback has been unpinned following net positive U.S. data yesterday and ahead of the FOMC minutes from the late July meeting, due later today, which may show the hawkish voices at the Fed strengthening a little. Eurozone ... Read More ►
European Edition2014-08-20 07:08 UTC
The USD rallied again, with EUR-USD making a fresh nine-month low of 1.3300, bringing last November's 1.3295 low into scope, and USD-JPY spiking to a four-month high of 103.26. Elsewhere, GBP-USD clocked a new four-month low of 1.6601, and AUD-USD one-week low of 0.9278. The gain in the dollar follows net positive U.S. data yesterday and comes ahead of the FOMC minutes from the late July meeting, due later today, which may show the hawkish voices at the ... Read More ►
Asian Edition2014-08-19 18:43 UTC
The dollar rallied again on Tuesday, taking EUR-USD to new trend lows of 1.3314, and USD-JPY near 102.90. Markets were buoyed by strong housing data, while a relatively calm geopolitical backdrop saw Wall Street rally again, and risk levels in general improve. Oil and gold prices fell, as Treasury yields edged higher. Defense of 1.3300 euro options was reported, keeping the figure out of reach for now, while USD-JPY slowly churned through Japanese ... Read More ►
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