US Session: Dollar Rose Despite Jobless Claims As BoE Increases Bond Purchases
August 6th, 2009 • Related • Filed Under
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Investor sentiment remained risk averse as the dollar index rose .70% to 78.09 in anticipation of tomorrow’s unemployment data. The EurUsd was trading slightly lower near 1.43, while the UsdJpy appreciated 63pips to the mid-range of 95. The GbpUsd fell 206 pips intraday, keeping the cable near 1.675 as a point of resistance. Equity markets were down in the U.S. and Europe, with the Dow lower by… | ||||||||||||||||||||
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