The American session passed without major events to report, with the euro staging a recovery and erasing early losses against major competitors.
The euro managed to recover across the board after being hit by Greek Prime Minister defiant comments. EUR/USD trades effectively unchanged at the 1.1320 zone, having bounced off a low of 1.1269, while EUR/JPY and EUR/GBP also moved off lows and were little changed at 134.30 and 0.7440 respectively.
Meanwhile, GBP/USD was confined to a range just above 1.5200. USD/JPY edged lower and scored a low of 118.32, cutting part of Friday’s gains.
Commodity currencies accomplished mild gains versus the greenback despite the cautious tone across markets, helped by oil’s recovery, which topped $54 a barrel.
Meanwhile, stocks in Wall Street closed in negative territory, with DJIA 0.53% down. S&P 500 fell 0.39% while Nasdaq lost 0.41%.
The euro managed to recover across the board after being hit by Greek Prime Minister defiant comments. EUR/USD trades effectively unchanged at the 1.1320 zone, having bounced off a low of 1.1269, while EUR/JPY and EUR/GBP also moved off lows and were little changed at 134.30 and 0.7440 respectively.
Meanwhile, GBP/USD was confined to a range just above 1.5200. USD/JPY edged lower and scored a low of 118.32, cutting part of Friday’s gains.
Commodity currencies accomplished mild gains versus the greenback despite the cautious tone across markets, helped by oil’s recovery, which topped $54 a barrel.
Meanwhile, stocks in Wall Street closed in negative territory, with DJIA 0.53% down. S&P 500 fell 0.39% while Nasdaq lost 0.41%.
