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Forex: US greenback falls against European currencies
Flat trading dominates the currency market on an occasional volume week. Most crosses are creating restricted moves and most stay in ranges. dollar is trading slightly lower versus European currencies and is usually unchanged against commodity currencies.
The EUR/USD is holding higher than one.3055/60, posting daily gain of but thirty pips. The GBP/USD recovered from earlier losses and peaked at one.5677. Cable holds close to the highs, up 0.20% from today’s gap value.
The Swiss Franc continues to maneuver sideways against dollar. The USD/CHF remains within yesterday’s trading vary, when being unable to interrupt higher than zero.9370, to the draw back it remains supported by the zero.9330 area.
Among European currencies, the most effective performer is Pound and therefore the worst is that the Euro.
Flat trading dominates the currency market on an occasional volume week. Most crosses are creating restricted moves and most stay in ranges. dollar is trading slightly lower versus European currencies and is usually unchanged against commodity currencies.
The EUR/USD is holding higher than one.3055/60, posting daily gain of but thirty pips. The GBP/USD recovered from earlier losses and peaked at one.5677. Cable holds close to the highs, up 0.20% from today’s gap value.
The Swiss Franc continues to maneuver sideways against dollar. The USD/CHF remains within yesterday’s trading vary, when being unable to interrupt higher than zero.9370, to the draw back it remains supported by the zero.9330 area.
Among European currencies, the most effective performer is Pound and therefore the worst is that the Euro.
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