3 Feb 2015
Forex Movers: Risk appetite hits the USD; Euro on the offensive
FXStreet (San Francisco) - The Euro is trading higher on Tuesday as investors are welcoming good news from Greece and betting for higher yielders fronts. European currencies are the winner while the US Dollar is falling across the market.
Inside this framework, the EUR/USD is jumping to 1.1450, the highest since price since January 22; the GBP/USD is advancing for the first day after four negative session and it's testing levels above 1.5100. The USD/JPY is recovering the 117.50.
The winner of the day is the Euro, period. Top movers are: EUR/JPY, +0.94% to 134.61; EUR/USD, +0.91% to 1.1443; and EUR/CAD, +0.57% to 1.4329. The loser of the day is the USD. Big decliners are: USD/RUB, -3.03% to 66.29; AUD/USD, -1.26% to 0.7703; and USD/PLN, -1.26% to 3.6445.
On related, crude oil is 3.05% positive to $51.08; gold declines 0.96% to $1,264.60. US stocks are rising with the DJIA climbing 1% and the Nasdaq breaking above the 4,700 level.
Inside this framework, the EUR/USD is jumping to 1.1450, the highest since price since January 22; the GBP/USD is advancing for the first day after four negative session and it's testing levels above 1.5100. The USD/JPY is recovering the 117.50.
The winner of the day is the Euro, period. Top movers are: EUR/JPY, +0.94% to 134.61; EUR/USD, +0.91% to 1.1443; and EUR/CAD, +0.57% to 1.4329. The loser of the day is the USD. Big decliners are: USD/RUB, -3.03% to 66.29; AUD/USD, -1.26% to 0.7703; and USD/PLN, -1.26% to 3.6445.
On related, crude oil is 3.05% positive to $51.08; gold declines 0.96% to $1,264.60. US stocks are rising with the DJIA climbing 1% and the Nasdaq breaking above the 4,700 level.