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Daily Market Recap- Currency- First Binary Option Service.

The U.S. dollar gained versus the Japanese yen by the end of the week, ahead of a U.S. retail sales report scheduled for release on Friday.

Economists expect the report to show retail sales may have risen and demand levels have picked up. The greenback ceased a series of declines against most of major currecnies on speculation the Federal Reserve Bank may or may not withdraw stimulus in its upcoming meeting next week.

The yen fell against the dollar with the USD/JPY pair coming in at a high of 99.828 from a low of 99.533, kickstarting the Friday session at 99.561.

The greenback also rose against the euro for the second session, having the EUR/USD pair falling to a low of 1.32700 from a high of 1.32979. The Aussie and Kiwi also fell versus the U.S. counterpart, as the AUD/USD pair fell to a low of 0.92354 from a high of 0.92659, and the NZD/USD pair fell to a low of 0.81036 from a high of 0.81370.

Friday, 13 Sep, 2013 / 7:43

Source : https://www.firstbinaryoption.com

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