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16 Aug 2013
Session Recap: Majors stabilize into the weekend
FXstreet.com (Córdoba) - FX market has stabilized on Friday, with the USD trading nearly flat versus its European rivals and the yen, after yesterday's sharp swings.
EUR/USD is hovering around 1.3340, a few pips below its opening price, while GBP/USD consolidates around 1.5640. USD/JPY is marginally higher around 97.50 after being rejected by the 97.75 zone.
The Australian and New Zealand dollars advanced slightly versus the greenback as both received a lift from the sharp rise in precious metals over the last sessions.
During the NY session watch for: Housing Starts and Building Permits data; University of Michigan Consumer Confidence survey.
Main Headlines in Europe:
Bourses in Euroland open mostly in green, EUR stable
EMU: June Current Account surplus widens to €26.1B
EMU: Annual CPI-Core grows 1.1% in July, as expected
EMU: Trade surplus widens to €17.3B in June
Investors risk apatite returning to European Bonds
EUR/USD is hovering around 1.3340, a few pips below its opening price, while GBP/USD consolidates around 1.5640. USD/JPY is marginally higher around 97.50 after being rejected by the 97.75 zone.
The Australian and New Zealand dollars advanced slightly versus the greenback as both received a lift from the sharp rise in precious metals over the last sessions.
During the NY session watch for: Housing Starts and Building Permits data; University of Michigan Consumer Confidence survey.
Main Headlines in Europe:
Bourses in Euroland open mostly in green, EUR stable
EMU: June Current Account surplus widens to €26.1B
EMU: Annual CPI-Core grows 1.1% in July, as expected
EMU: Trade surplus widens to €17.3B in June
Investors risk apatite returning to European Bonds