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Daily Market Review- Currency - First Binary Option Service

The American dollar traded near its lowest level in three weeks versus the euro in early trades, as investors are looking forward for the decision following the Feds the two-day meeting, concerning the U.S. monetary policy.

EUR/USD pair fell for the third straight session this week, recording a low of 1.33244 after hitting its high at 1.33351, while the pair started today’s session at 1.33345.

Meanwhile, the Japanese yen fell versus the dollar amid the absence of heavy weighted economic data in Japan, noting that the Japanese economy is expected to release its trade balance data this week and it may cause changes in yen appreciation.

USD/JPY pair inclined to record a high of 99.351 from a low of 99.067, while the pair started today’s session at 99.087.

EUR/JPY pair also inclined to a record to a high of 132.412, and a low of 132.333. Aussie and Kiwi extended its series of losses versus the greenback, and the AUD/USD pair recorded a low of 0.92840 from a high of 0.93339, while the NZD/USD pair hit a low of 0.81603 from a high of 0.81892

Tuesday, 17 Sep, 2013 / 7:17

Source : https://www.firstbinaryoption.com

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