- The euro (EUR) commenced this week’s trading with a drop to 1.2665, recording a new 23-month low, against the US dollar (USD). The single currency remains under pressure as the German monthly Preliminary CPI will be announced today and is expected to drop by 0.1%.
- The US dollar (USD) reached a new six-year high against the Japanese yen (JPY) at 109.65 earlier in the morning. The greenback carries on strengthening as US economy seems to recovering faster. Today, the monthly US Pending Home Sales will be announced and they are expected to drop by 0.4%.
- US equities dropped on Friday as investors snapped up profits before third quarter closes. The US 500 (SPI) fell to 1970; the US 30 (DOW) went to 16983 and the US Tech (NDQ) to 4037.