FXstreet.com (San Francisco) - As The US dollar is mixed against the majors, and Japanese yen is down against its major counterparts.
In a daily research note, Vassili Serebriakov, Currency Strategist, Wells Fargo Bank comments: “Overall, most currencies continue to trade within their recent ranges and we see few immediate catalysts for strong directional FX moves.
Serebriakov adds: “At the same time, if the more constructive tone of global economic news is maintained going forward, the US dollar could face renewed selling pressure against most foreign currencies.”
EUR/USD now exchanges 1.2950.
In a daily research note, Vassili Serebriakov, Currency Strategist, Wells Fargo Bank comments: “Overall, most currencies continue to trade within their recent ranges and we see few immediate catalysts for strong directional FX moves.
Serebriakov adds: “At the same time, if the more constructive tone of global economic news is maintained going forward, the US dollar could face renewed selling pressure against most foreign currencies.”
EUR/USD now exchanges 1.2950.
