Filed Under:
Forex pairs in this Article » EUR/USD (San Francisco) - The Euro didn't break down the 1.3000 against the US Dollar as some analysts were expecting in the first day of the second half of the year. The EUR/USD was fueled by the upbeat manufacturing PMI data and the pair closed the day at 1.3060.

US stocks rose on the day as well as riskier currencies. The GBP/USD trades slightly positive with the pair closing its first positive day in the last 5. The USD/JPY advanced further to test highest level since June 5 at 99.85.

The USD/CAD declines to trade below the 1.0500 area and the AUD/USD recovered from multi-year lows around 0.9100 to close 250 pips higher around the 0.9250. The gold recovered for second day and now it is pricing at %1,252.10/oz.

Main headlines in the American session:

US: Markit Manufacturing PMI at 51.9 in June

Mark Carney takes over as BoE governor

US: ISM Manufacturing PMI returns to expansion in June

Goldman recommendation gets blame for EUR/USD pop

Portugal announces Alburquerque to replace Gaspar as FinMin

Goldies forecast for June jobs data below median

Wall Street opens the 2013 second half with gains

EU’s Rehn: Portugal needs to maintain tempo of reform
comments powered by Disqus