Forex: USD strengthens across the board
FXstreet.com (Córdoba) - The US dollar strengthened and rose to fresh daily highs versus most competitors as the risk-off sentiment intensified within the last hours amid very thin liquidity as US markets are closed due to the Hurricane Sandy.
EURUSD made a marginal new low for the day at 1.2984, although it managed to holds above the 1.2880 support level. It was last down 0.4% at the 1.2895 area.
The pound, which is among the worst performers today, extended its decline to a fresh 5-day low of 1.6005. The greenback has accomplished gains even against the yen, rising to a high of 79.82 in recent dealings.
Commodity currencies remain under pressure, with USDCAD climbing above parity for first time in nearly 3 months, while AUDUSD trader 0.3% down on the day around 1.0330.
EURUSD made a marginal new low for the day at 1.2984, although it managed to holds above the 1.2880 support level. It was last down 0.4% at the 1.2895 area.
The pound, which is among the worst performers today, extended its decline to a fresh 5-day low of 1.6005. The greenback has accomplished gains even against the yen, rising to a high of 79.82 in recent dealings.
Commodity currencies remain under pressure, with USDCAD climbing above parity for first time in nearly 3 months, while AUDUSD trader 0.3% down on the day around 1.0330.
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