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Friday, July 17th
Yesterday, EUR/USD fell, despite the weakening of the dollar caused by lower reading of the Philadelphia Fed Manufacturing Index. Although, the greenback remained supported by the speech of J. Yellen. The interest rate in Europe was kept unchanged at record lows and European Central Bank increased its emergency lending to Greek banks by €900 million. The pair is trading at 1.0884.
GBP/USD is broadly higher today, gaining 0.38% to reach the 1.5664 level.
USD/JPY is down after yesterday’s rise. The pair is trading at 123.97 with closest support and resistance levels at 123.63 and 124.42, respectively.
AUD/USD was higher this morning, reaching the 0.7417 level, then returning close to yesterday’s closing price of 0.7402. The Australian Conference Board Leading index was higher than the previous reading of -0.3%.
NZD/USD is moving up after sharp losses of the two previous days when Kiwi lost almost two hundred pips. The current market price is 0.6531.
Ahead in the day, investors are viewing the U.S. Building Permits and Core CPI from U.S. and Canada.
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