Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Lagarde is talking but it is not having much impact yet on the EUR/USD
The charge higher in the USD/JPY has extended close to 148 now and that has maintained pressure on the EUR/USD, notwithstanding corresponding gains in the EUR/JPY. As covered in updates here yesterday, the EUR/USD was not able to reclaim the 1.09 handle and its 21 day moving average by the US close last night. The EUR/USD ended the US session at 1.0875. It has traded to as low as 1.0856 this morning, but it is above that low now, perhaps assisted to a small degree by comments from the ECB boss a short while ago. Christine Lagarde is trying to talk tough on ECB policy and Eurozone inflation outlook. However, and despite lifting the EUR/USD off its session lows, it has done little more than that as this stage of the day. The EUR/USD is currently trading at 1.0868
Market News
All News-
US JOLTS and Consumer confidence slide- EUR/USD hits fresh European session highs
The US JOLTS- Job openings report and latest Nationwide US consumer confidence index have now been released. As noted earlier, the markets were...
-
Gold holds $3,300 at the first time of asking and rebounds
A little earlier this afternoon gold fell back to set a fresh session low at $3,300.64. That low came after the metal had peaked much earlier today at...
-
Nasdaq 100 opens lower following Amazon move
Following on from the previous update looking at the fall back in the USD/JPY, the US stock markets have now reopened for live trade and it has been a...
