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26 Dec 2014
Boxing Day Update: Euro and Yen trudge lower as Gold gains
FXStreet (London) - While much of the world sits back and enjoys the first of many upcoming turkey and stuffing sandwiches, markets have been trudging along with little in the way of volume or volatility to guide them.
The euro is down against the dollar by -0.4%, with spot dipping holding 1.2200 to where it currently trading at 1.2177. Elsewhere, yen continued to weaken against the dollar, sliding as far as 120.46 before recovering to where spot now sits at 120.39, up 0.24% on the day.
USD/CHF is up 0.42% on the day at 0.9879, offering a mirror to the euro’s movements, while sterling remains subdued against the dollar, up 0.06% at 1.5560.
AUD/USD is flat on the day at 0.8118 having initially dipped to find support at 0.8105, climbing to 0.8132, before declining again. USD/CAD is down -0.14% at 1.1608.
Metals are the main mover of the day, up 1.77% at $1,194.54, with COMEX Silver up 2.55% at $16.11. Energies are in the red with WTI down -0.27% at $55.69 and Brent -0.22% at $60.11. Natural Gas is below the $3 mark for the first time since 2012, trading at $2.98 , down -1.75%.
In Asia, the Nikkei 225 closed up 0.06% at 17,818.96, while in the US, markets are are all up. The DJIA is up 0.33% at 18,088.87, the S&P 500 up 1.10% at 2,089.80 and the Nasdaq up 0.81% at 4,796.71.
The euro is down against the dollar by -0.4%, with spot dipping holding 1.2200 to where it currently trading at 1.2177. Elsewhere, yen continued to weaken against the dollar, sliding as far as 120.46 before recovering to where spot now sits at 120.39, up 0.24% on the day.
USD/CHF is up 0.42% on the day at 0.9879, offering a mirror to the euro’s movements, while sterling remains subdued against the dollar, up 0.06% at 1.5560.
AUD/USD is flat on the day at 0.8118 having initially dipped to find support at 0.8105, climbing to 0.8132, before declining again. USD/CAD is down -0.14% at 1.1608.
Metals are the main mover of the day, up 1.77% at $1,194.54, with COMEX Silver up 2.55% at $16.11. Energies are in the red with WTI down -0.27% at $55.69 and Brent -0.22% at $60.11. Natural Gas is below the $3 mark for the first time since 2012, trading at $2.98 , down -1.75%.
In Asia, the Nikkei 225 closed up 0.06% at 17,818.96, while in the US, markets are are all up. The DJIA is up 0.33% at 18,088.87, the S&P 500 up 1.10% at 2,089.80 and the Nasdaq up 0.81% at 4,796.71.