Overall, the Greenback still looks vulnerable. EUR/USD hovers near a 4-month high, and has traded into a tight range between 1.4200 and 1.4230 in Asia, while GBP/USD has moved slightly to the downside ahead of the CPI data, currently trading a few pips below 1.6300.
USD/JPY is almost unchanged on the day, presently at 80.95 , while USD/CHF is quoting little lower at the 0.9020 zone, after opening around 0.9045.
The currencies linked to commodities remain firm against the US dollar. AUD/USD holds onto gains near its weekly highs at the 1.0060 zone, while the Kiwi has advanced about half of a cent, reaching a fresh 5-day peak at 0.7390.
source: fxstreet.com
Mannn the greenback has been vulnerable for ages now!
ReplyDeleteA very steep rise indeed...
ReplyDeleteStill debating whether to exchange my euros for pounds...
ReplyDeleteWii we have Euro in our country...much superior than $ :D
ReplyDeleteseems we keep going up
ReplyDeleteamazing, thanks for the info
ReplyDeleteNot too bad it looks like.
ReplyDeletewait the greenback? Isn't that the currency Abe Lincoln tried to put in that wouldn't inflate?
ReplyDeleteFrightening!
ReplyDeleteThanks for this!
ReplyDeleteimportant information!
ReplyDeletei dont really know what these numbers mean, but i know they are not good
ReplyDeleteGlad the whole Libya conflict isn't really putting much stress on us other than Oil.
ReplyDeleteVery interesting opinion about this subject. Been not reading so much about it yet. Thanks :)
ReplyDeleteJust found your blog. It's great for at guy like me that sucks at trading. Will be following this.
ReplyDeleteSurprising that there wasn't that big of a change from this disaster.
ReplyDeleteThat means That I got cheaper electronics if I go to EEUU from Europe?
ReplyDelete