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11 Jun 2013
Session Recap: USD mixed, JPY continues to strengthen
FXstreet.com (Córdoba) - The dollar trades mixed versus major competitors on Tuesday given the risk-off sentiment. The yen is once again taking center stage, with USD/JPY falling sharply to the 96.45 area after the BoJ decided to stay on hold.
While the EUR and the GBP trade virtually unchanged on the day, commodity currencies are the worst performers with AUD/USD hitting a 2 ½-year low. The Swiss franc has also benefitted from the cautious mood, dragging USD/CHF back below 0.9300.
Elsewhere, European stocks fell Tuesday, taking their cue from the Asian session.
Main Headlines in Europe:
Kuroda: BoJ to take steps to curb JGB volatility if needed
UK: Annual Industrial Production falls 0.6% in April
Flash: Eurozone financial crisis debate and hearing over ESM and ECB’s OMT programme
Commodities Brief – Precious metals extend downside, face bearish headwinds
European equities incur sizable losses Tuesday
While the EUR and the GBP trade virtually unchanged on the day, commodity currencies are the worst performers with AUD/USD hitting a 2 ½-year low. The Swiss franc has also benefitted from the cautious mood, dragging USD/CHF back below 0.9300.
Elsewhere, European stocks fell Tuesday, taking their cue from the Asian session.
Main Headlines in Europe:
Kuroda: BoJ to take steps to curb JGB volatility if needed
UK: Annual Industrial Production falls 0.6% in April
Flash: Eurozone financial crisis debate and hearing over ESM and ECB’s OMT programme
Commodities Brief – Precious metals extend downside, face bearish headwinds
European equities incur sizable losses Tuesday