Forex: USD on the rise; threatens 1-month highs
FXstreet.com (Barcelona) - As IMF hearings keep taking place in Tokio, US companies are starting to report on Q3 earnings, and Nikkei opens with strong sells losing so far an extra -1.34%, last around the 8650 points.
The USD has been rallying across the board except against Yen, taking USD index to around 1-month highs, last at 80.09. IMF's Viñals was quoted saying euro crisis is main risk to financial stability.
EURUSD is lower to fresh 7-day lows last at 1.2853, AUDUSD at session lows 1.0185, and Cable at 1.5986, while gold is also dealing at session lows $1763, and SP500 futures print fresh 7-day lows as well. US 10 year bonds are also having a surge, lowering yields, last at 1.71%, retracing from recent highs at 1.748%.
The USD has been rallying across the board except against Yen, taking USD index to around 1-month highs, last at 80.09. IMF's Viñals was quoted saying euro crisis is main risk to financial stability.
EURUSD is lower to fresh 7-day lows last at 1.2853, AUDUSD at session lows 1.0185, and Cable at 1.5986, while gold is also dealing at session lows $1763, and SP500 futures print fresh 7-day lows as well. US 10 year bonds are also having a surge, lowering yields, last at 1.71%, retracing from recent highs at 1.748%.
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