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19 Mar 2014
Session Recap: USD dollar rises ahead of Fed
FXStreet (Córdoba) - The dollar is broadly higher against the majors, with the main exception of the GBP, as investors await the Federal Reserve monetary policy decision.
The pound is outperforming helped by better than expected UK jobs data, with GBP/USD trading above 1.6650 and nearing weekly highs. Meanwhile the EUR/USD and the USD/JPY are nearly flat on the day at 1.3920 and 101.50 respectively.
On the other side of the board, the loonie is among the worst performers, still suffering in the wake of Poloz dovish comments, with the USD/CAD printing a 7-week high of 1.1195.
During the NY session, the US releases the fourth quarter current account numbers ahead the Fed decision.
Main Headlines in Europe:
Asia EM Express: Concerns over China's property sector hurt the yuan
Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and OCBC Bank
Ukrainian navy HQ in Sevastopol overtaken by pro-Russian units
UK: Claimant Count Change down 34.6K in January
BoE Minutes: GDP could strengthen further as recovery progresses
The pound is outperforming helped by better than expected UK jobs data, with GBP/USD trading above 1.6650 and nearing weekly highs. Meanwhile the EUR/USD and the USD/JPY are nearly flat on the day at 1.3920 and 101.50 respectively.
On the other side of the board, the loonie is among the worst performers, still suffering in the wake of Poloz dovish comments, with the USD/CAD printing a 7-week high of 1.1195.
During the NY session, the US releases the fourth quarter current account numbers ahead the Fed decision.
Main Headlines in Europe:
Asia EM Express: Concerns over China's property sector hurt the yuan
Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and OCBC Bank
Ukrainian navy HQ in Sevastopol overtaken by pro-Russian units
UK: Claimant Count Change down 34.6K in January
BoE Minutes: GDP could strengthen further as recovery progresses