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Dollar rebounding into US durable goods orders shortly- EUR/USD slips
The dollar is bouncing heading into the release of the July US durable goods orders, at 12.30pm GMT. Look this is not the most important of any US economic data, but it can have a passing impact, especially if the data is really wide of the mark. We shall shortly find out whether, or not that is the case. So, the USD/JPY is back above the 144 handle again and the EUR/USD has not long ago drifted back to a session low at 1.1163. The move lower in the EUR/USD has helped to keep a modest amount of pressure on the EUR/GBP, hence the GBP/USD is still not much below the 1.3200 handle just now. The EUR/USD is currently trading at 1.1167
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USD/JPY on the drift lower again as markets wait nervously
Earlier this afternoon the USD/JPY dropped back below the 148 handle, basing out around 147.87. An attempt to rebound off that low has just now given... -
US stocks open in the red- check out the early price action in the Dow Jones
The US stock markets have just kicked off the new week and it has been a lower start to the day for the three major indexes. As noted here much... -
No sign of any rebound for the GBP/USD- Pound sets fresh session lows at 1.3060
The dollar was the best performing major currency on Friday and no wonder, because the US September Jobs data ensured a really positive weekly close...
