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7 May 2013
Session Recap: USD trade lower on a consolidation day
FXstreet.com (San Francisco) - The Greenback traded lower on Tuesday following the Monday's gains as the market was focused on the RBA rate cut and the stocks rally. On the other hand, the euro trade overall positive in the day but losing strength in the American session.
The EUR/USD traded above the 1.3100 level but the pair was unable to hold sentiment and now the single currency is pricing at 1.3075 against the Greenback. The GBP/USD declined below the 1.5500 area and the USD/JPY is dealing with the 99.00.
Against the yen, the euro traded below the 130.00 frontier but against the Pound the single currency advanced to test levels above the 0.8450.
Main headlines in the American Session:
Eurogroup chief considers Cyprus bailout deal the best possible solution
Forex: EUR/USD erasing daily gains after US optimism
Portugal: We’ll be back…
US sells $20 Bn of 4-week notes at 0.0%
US: Consumer Credit rises by $7.97B in March
Wall Street extends rally with the Dow closing above the 15,000 for first time
The EUR/USD traded above the 1.3100 level but the pair was unable to hold sentiment and now the single currency is pricing at 1.3075 against the Greenback. The GBP/USD declined below the 1.5500 area and the USD/JPY is dealing with the 99.00.
Against the yen, the euro traded below the 130.00 frontier but against the Pound the single currency advanced to test levels above the 0.8450.
Main headlines in the American Session:
Eurogroup chief considers Cyprus bailout deal the best possible solution
Forex: EUR/USD erasing daily gains after US optimism
Portugal: We’ll be back…
US sells $20 Bn of 4-week notes at 0.0%
US: Consumer Credit rises by $7.97B in March
Wall Street extends rally with the Dow closing above the 15,000 for first time