10 Jul 2013
Session Recap: USD flat ahead of FOMC; China exports worsen
FXstreet.com (Barcelona) - USD had a mild Asia-Pacific session start to the upside helped on worse than expected China Trade balance data, sending EUR/USD and AUD/USD to session lows at 1.2763 and 0.9126 respectively.
Last losing some ground as Cable recovers to session highs at 1.4875 and USD/JPY dips to session lows at 100.95, USD is about to break even for the session so far, ahead of later on FOMC meeting minutes at 18:00 GMT.
Gold and Oil both eased on the back of the stronger USD, while Asian share markets moved slightly to the upside, with Australian ASX and Hang-Seng both leading the way higher up +0.5%.
Main headlines in the Asian Session:
WTI crude oil breaks above 104.00 level
The ECB corrects Asmussen statement on rates
Australian election possible dates
Australia Westpac Consumer Confidence Index down to 102.1 in July from 102.2
Bloomberg: 13 of 20 economists see no further BOJ loosening over the next 6 months
NZD/USD spikes to 0.7870 on NZFinMin headlines
China's imports/export fall significantly
Last losing some ground as Cable recovers to session highs at 1.4875 and USD/JPY dips to session lows at 100.95, USD is about to break even for the session so far, ahead of later on FOMC meeting minutes at 18:00 GMT.
Gold and Oil both eased on the back of the stronger USD, while Asian share markets moved slightly to the upside, with Australian ASX and Hang-Seng both leading the way higher up +0.5%.
Main headlines in the Asian Session:
WTI crude oil breaks above 104.00 level
The ECB corrects Asmussen statement on rates
Australian election possible dates
Australia Westpac Consumer Confidence Index down to 102.1 in July from 102.2
Bloomberg: 13 of 20 economists see no further BOJ loosening over the next 6 months
NZD/USD spikes to 0.7870 on NZFinMin headlines
China's imports/export fall significantly