Filed Under:
Forex pairs in this Article » EUR/USD, USD/CHF, GBP/USD
FXstreet.com (Córdoba) - The FX market enjoyed a quiet start to the week, with the USD trading a touch firmer versus major competitors.

ECB Hansson's comments saying the bank is ready to cut interest rates further, and is technically ready to cut deposit rates weighed on the euro, with EUR/USD sliding to the 1.3500 zone from a high of 1.3560 scored during the Asian session.

The GBP/USD also corrected gains after hitting a 1-month peak and lost the 1.6200 mark. The USD/JPY extended gains and reached its strongest in 6 months at 101.91 before easing a tad. Meanwhile, the AUD/USD managed to erased early losses and traded nearly flat at the 0.9165 zone.

During the New York session, watch for October pending home sales and the Dallas Fed index.

Main Headlines in Europe:

European open: Subdued day in Europe on light data, dollar bullishness persists

Switzerland: Employment Level rises to 4.196M in Q3

Flash: What’s the sentiment around the EUR/USD today? – Westpac and Commerzbank

ECB's Noyer: Deflation risks could prompt further rate cuts
comments powered by Disqus