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Daily Market Review- Currencies- First Binary Option Service

The dollar and euro were at top of the currency trading list after the FOMC surprise to refrain from reducing its $85 billion of monthly bond buying as it sees the U.S. economy needs better recovery.

Also, policymakers in the European Central Bank stated next year’s balance-sheet reviews should be carefully timed as investors could be sparked, as the ECB comes closer to taking over supervision of all euro-area lenders in 2014.

The EUR/USD rose early Thursday to a third straight session, logging its highest at 1.35311 after hitting the low at 1.35166. The EUR/USD began today`s session at 1.35229.

Separately, the Japanese yen gained notably versus major currencies after data showed the trade balance deficit narrowed, having the EUR/JPY declined to a low of 132.568 from high a of 132.863.

The yen also rose versus the greenback for the second day, where the USD/JPY pair fell to a low of 97.977 from a high of 98.272, while the pair started today’s session at 98.175.

Opening this session at 158.377, the GBP/JPY fell significantly to a low at 158.167 from the highest at 158.508.

Thursday, 19 Sep, 2013 / 7:45

Source : https://www.firstbinaryoption.com

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