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Forex pairs in this Article » EUR/USD, GBP/USD, USD/JPY
FXstreet.com (Córdoba) - FX market has stabilized on Friday, with the USD trading nearly flat versus its European rivals and the yen, after yesterday's sharp swings.

EUR/USD is hovering around 1.3340, a few pips below its opening price, while GBP/USD consolidates around 1.5640. USD/JPY is marginally higher around 97.50 after being rejected by the 97.75 zone.

The Australian and New Zealand dollars advanced slightly versus the greenback as both received a lift from the sharp rise in precious metals over the last sessions.

During the NY session watch for: Housing Starts and Building Permits data; University of Michigan Consumer Confidence survey.

Main Headlines in Europe:


Bourses in Euroland open mostly in green, EUR stable

EMU: June Current Account surplus widens to €26.1B

EMU: Annual CPI-Core grows 1.1% in July, as expected

EMU: Trade surplus widens to €17.3B in June

Investors risk apatite returning to European Bonds
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