Dollart Weak and Yen Gains
Dollar hammered after worst numbers of ISM Manufacturing Index,
against Swiss Franc it kissed the level of 1.1900 mark. It made
the low of 1.3350 against Euro, against Sterling it made the low
of 1.9850. And agsinst the Yen it made the low at 115 mark. But
nothing is happening in Dollar-Commodity pairs, against Loonie trading firm above 1.1400 mark and against Aussie it was weakned a little bit and trading just above 0.7900. But Dollar somewhat slightly stronger against Kiwi and even it rebounded very nice after the worst ISM Manufacturing Index.
EUR/JPY - Currently trading below 154 level, after making the high
of 154.09. EUR/CHF pair is back at the level of 1.5900 after making
the low of 1.5858. GBP/JPY failed to move above 229 mark and currently
trading just abve 228. Yen was really trading very stronger against
Loonie as it suggest that Crude was weaker, Loonie was weaker by 150
pips. AUD/NZD pair struck in the range of 60-70 pips of volatality.
against Swiss Franc it kissed the level of 1.1900 mark. It made
the low of 1.3350 against Euro, against Sterling it made the low
of 1.9850. And agsinst the Yen it made the low at 115 mark. But
nothing is happening in Dollar-Commodity pairs, against Loonie trading firm above 1.1400 mark and against Aussie it was weakned a little bit and trading just above 0.7900. But Dollar somewhat slightly stronger against Kiwi and even it rebounded very nice after the worst ISM Manufacturing Index.
EUR/JPY - Currently trading below 154 level, after making the high
of 154.09. EUR/CHF pair is back at the level of 1.5900 after making
the low of 1.5858. GBP/JPY failed to move above 229 mark and currently
trading just abve 228. Yen was really trading very stronger against
Loonie as it suggest that Crude was weaker, Loonie was weaker by 150
pips. AUD/NZD pair struck in the range of 60-70 pips of volatality.
posted by Naveen Pantera at 10:10 PM
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