Tag Archives: USD/KRW

The Global Macro Pulse

The USD continued to strengthen, even as EURUSD held flat at 1.293 after the steep decline overnight.

EURUSD held on to late NY gains at 1.315, USDJPY has weakened slightly to 104.8 post BoJ while the AUD edged marginally higher to 0.935,

After rallying in US trading, the USD has continued to climb against the yen to 105.25,

The dollar rallied across the board in early Asian trading, led by USDJPY,

In FX, EUR continued to inch lower to 1.312 ahead of Thursday’s ECB meeting.

The USD was broadly stable against majors. EURUSD and USDJPY held steady at 1.318 and 103.73 respectively.

The USD gave back some of its recent gains against the majors today.AUDUSD rose to 0.9359,

Since the USD turned in early July, Asian FX has been outperforming other currency blocs.

The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to

EURUSD fell to 1.3205 and USDJPY rose to 104.22, but AUDUSD managed to rally back to 0.9316 after opening weaker.

Bears take some comfort in the lack of topside follow through following fresh highs for the week and the proximity of the Bollinger band top.

The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,