Filed Under:
Forex pairs in this Article » EUR/USD
FXstreet.com (Barcelona) - The USD extended gains today in the Asia-Pacific after its massive rally post-FOMC, breaking above the 81.5 level in the USD index spot (DXY), with US Treasury yields also climbing higher, seeing the 10 year levels as high as the 2.37%, near key 2.4% mark, fresh 15-month highs.

EUR/USD dipped to fresh weekly lows at 1.3255, while AUD/USD sold off to fresh near 3-year lows at 0.9231, on the back of worst HSBC flash manufacturing PMI China in last 9 months. USD/JPY finds resistance around fresh 6-day highs at 97.00 figure, while Oil plummeted below the $97 figure, posting fresh weekly lows.

Local share markets followed suit US equity markets, adding to the negative news coming out of China. Australian ASX is down -2.58%, Hang-Seng -2.6%, Kospi -1.98%, Shanghai -1.46%, and Nikkei -1.01%.

Main headlines in the Asian Session:

Flash: US not strong enough for Fed tapering off near term - Rabobank

Cyprus not seeking to renegotiate bailout

US Dollar Index climbs after FOMC Release

NZD/USD pushes lower on downbeat NZ GDP

Commodities Brief: Precious metals suffer steep declines

Japan Foreign bond investment decreases to ¥-402.5B in Jun 14 from ¥-394.4B

Flash: Risks of systemic financial crisis in China have risen - Nomura

Abe reiterates he aims to double foregin direct investment into Japan by 2020

Asian central banks reported intervention

AUD/USD resumes downtrend post HSBC China PMI

EUR/USD threatening 1.3260 support
comments powered by Disqus