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|1 USD|| |
|1 EUR||1.37579|| |
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EUR/USD2013-12-10 18:32 UTC
EUR-USD printed 1.3773 highs early in the session, up from under 1.3750 at the N.Y. open, and to levels last seen on October 30. The November highs of 1.3832 is expected to provide solid resistance, though in front of that, 1.3800 barrier options were reported. Treasury yields eased back in morning trade, putting some weight on the dollar in general, while inaction from the ECB has put a floor under the euro of late. Note, the IMF this ... Read More ►
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XE Market Analysis
North American Edition2013-12-10 11:38 UTC
The dollar set new trend lows against both sterling and the euro during pre-London Asian trade before consolidating at moderately firmer levels during the European AM session. EUR-USD saw a six-week high of 1.3768 after triggering a batch of buy stops through the key 1.3735 level, which can now be considered a support level. There haven't been data or other developments of sufficiently enough note to inspire direction in Europe, and flows are reportedly ... Read More ►
European Edition2013-12-10 07:40 UTC
Sterling outperformed in the period since Monday's London closing levels, extending to a fresh two-year high 1.6457 versus the USD, a new high for the week against the EUR, and a new major-trend peak versus the JPY. This followed remarks made after the London close by BoE Governor Carney, who said that U.K.'s need for stimulus risks fueling a housing market bubble, mentioning that the central bank has a range of tools it could deploy, if necessary, to ... Read More ►
Asian Edition2013-12-10 18:32 UTC
The dollar was mixed in N.Y. dealings on Tuesday, falling again versus the euro and CHF, firmer against the pound and largely unchanged versus the yen. There was little data to drive prices, though Treasury yields eased back, putting some weight on the dollar in general, while inaction from the ECB has put a floor under the euro of late. Cable posted better than two-year highs over 1.6465, though succumbed to profit taking pressure. USD-CHF tested 0.8850, ... Read More ►
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