10 Dec 2013
Flash: USD firm against majors - UOB Group
FXstreet.com (Edinburgh) - Market Strategists at UOB Group comment that the dollar held steady against most of the major currencies.
Key Quotes
“Despite the weaker Euro Sentix and lower German industrial production report, EUR/USD rose to a six week high, reaching highs of 1.3746.”
“The JPY eased further as equities firmed and as Japanese Q3 industrial production was revised much lower, lifting expectations for further BoJ stimulus.”
“The USD/JPY pair is back above the 103-handle this morning. Meanwhile, GBP/USD firmed to highs of 1.6433 overnight whilst AUD/USD held around the 0.9100-figure.”
Key Quotes
“Despite the weaker Euro Sentix and lower German industrial production report, EUR/USD rose to a six week high, reaching highs of 1.3746.”
“The JPY eased further as equities firmed and as Japanese Q3 industrial production was revised much lower, lifting expectations for further BoJ stimulus.”
“The USD/JPY pair is back above the 103-handle this morning. Meanwhile, GBP/USD firmed to highs of 1.6433 overnight whilst AUD/USD held around the 0.9100-figure.”