EUR / USD
Under pressure in late Asian trading, the euro started to recover against the dollar in this European morning, currently at 1.3676. We expect this course to be followed today, with prices on the upside limited around 1.3740.
GBP / USD
The pound is in a moderate upmove against the dollar in the European morning, priced right now at 1.5300, with an up potential to 1.5370 in our view for today's trading. Downside risk limited at 1.5275.
USD / CHF
Against the Swiss franc, the dollar's upside potential for today seems minimal, from the present 1.0588 to 1.0595. Renewed weakness could bring the market down near the 1.0500 level.
USD / JPY
Following its downtrend against the yen in all of Asian trading, the dollar reached lows around 89.80 in the early European hours and is now priced at 90.16 in an upward correction. We see some more of this move, up to levels at 90.30, where we expect renewed selling to below the 89.70 level.
Under pressure in late Asian trading, the euro started to recover against the dollar in this European morning, currently at 1.3676. We expect this course to be followed today, with prices on the upside limited around 1.3740.
GBP / USD
The pound is in a moderate upmove against the dollar in the European morning, priced right now at 1.5300, with an up potential to 1.5370 in our view for today's trading. Downside risk limited at 1.5275.
USD / CHF
Against the Swiss franc, the dollar's upside potential for today seems minimal, from the present 1.0588 to 1.0595. Renewed weakness could bring the market down near the 1.0500 level.
USD / JPY
Following its downtrend against the yen in all of Asian trading, the dollar reached lows around 89.80 in the early European hours and is now priced at 90.16 in an upward correction. We see some more of this move, up to levels at 90.30, where we expect renewed selling to below the 89.70 level.
