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The dollar extended its losses versus the union currency and most of majors, as investors are having fears about the U.S. economy; whether it will withstand withdrawing stimulus measures. Moreover, the dollar extended its losses against euro for the fourth straight session, where the EUR/USD pair inclined to record a high of 1.33899 from a low of 1.33823, while the pair started today’s session at 1.33859.

The greenback also fell against the Japanese yen, where the USD/JPY pair fell to record a low of 98.608 from a high of 98.835. On the other side, New Zealand’s dollar currently inclined against its American counterpart; despite the recent data showing widening trade deficit in New Zealand as imports outpaced exports. NZD/USD pair inclined to a high of 0.78080, after hitting its lowest at 0.77932, where the pair started today’s session at 0.77981. AUD/USD pair fell today recording its high at 0.90296 and a low of 0.90133.

Monday, 26 Aug, 2013 / 7:14

Source : https://www.firstbinaryoption.com

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