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27 Feb 2014
Session Recap: USD and JPY gain on risk aversion
FXStreet (Córdoba) - Risk aversion was the theme of the day, with the dollar and the yen rising versus its rivals amid political tensions in Ukraine and Russia.
The EUR/USD extended losses to a 2-week low of 1.3642 while the GBP/USD fell to 1.6615. The USD/JPY came under strong pressure and broke below 102.00 while the Aussie is underperforming following soft CAPEX data although it managed to find support ahead of the 0.8900 psychological level.
During the New York session watch for durable goods orders, jobless claims.
Main Headlines in Europe:
Switzerland: GDP grows less than expected in Q4
Germany: Import Price Index falls 0.1% in January
Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and Dasnke Bank
Switzerland: Employment level down to 4.189M in Q4
Germany: Unemployment falls by 14K in February
EMU: M3 Money Supply up 1.2% in January
European open: a busy day of Eurozone data
EMU: Consumer Confidence at -12.7 in February, as projected
The EUR/USD extended losses to a 2-week low of 1.3642 while the GBP/USD fell to 1.6615. The USD/JPY came under strong pressure and broke below 102.00 while the Aussie is underperforming following soft CAPEX data although it managed to find support ahead of the 0.8900 psychological level.
During the New York session watch for durable goods orders, jobless claims.
Main Headlines in Europe:
Switzerland: GDP grows less than expected in Q4
Germany: Import Price Index falls 0.1% in January
Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and Dasnke Bank
Switzerland: Employment level down to 4.189M in Q4
Germany: Unemployment falls by 14K in February
EMU: M3 Money Supply up 1.2% in January
European open: a busy day of Eurozone data
EMU: Consumer Confidence at -12.7 in February, as projected