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Free AccessIn what was an uneventful session, the........>
FOREX: In what was an uneventful session, the dollar eked out some minor losses
against its peers in subdued Asia markets. Dollar-yen edged lower from Y110.81
to Y110.57, with softer Japanese equities providing a modest drag. Dollar-yen
was last at Y110.60. Aussie-dollar pushed upwards from $0.7906 to $0.7939, cross
related demand and improved local data was seen to underpin. Nab Business
Confidence notched up 4 points to 12 in July, while Business Conditions rose 1
point to 15. Aussie was last at $0.7930. Meanwhile, Euro-dollar currently trades
at $1.1815 and Cable at $1.3051, after trading in respective ranges of $1.1791
to $1.1824 and $1.3032 to $1.3054.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.