OctaFX | OctaFX Forex Broker
Open trading account
Back

Session Recap: USD/JPY up to the sky; GBP/USD pricing the 'No'

FXStreet (San Francisco) - There was some action in currency market in the first half of the American session with the USD/JPY extending gains while the GBP/USD advancing for second day. The EUR/USD? It is well, thanks.

Finally, The 'S' day in Scotland is taking place on Thursday but the GBP/USD hasn't been that wild that the market was waiting. It seems that traders are pricing on the No vote for the Scottish independence as the GBP/USD rallied from 1.6250 to finally close at highs since September 4th at 1.6400.

On the other hand, the USD/JPY rallied to a new multi-year high close to 109.00 amid US dollar strength on the back of better than expected jobless claims. The USD/JPY is closing the day at 108.70.

And finally, the EUR/USD extended declines to lows since July 203 at 1.2840 but the pair manages to recover ground and it closed at 1.2920.

Main headlines in the American session

US initial jobless claims 280k vs 305k exp

US: Housing Starts down to 0.956M in August

The Scottish Referendum: views from RBS, BBH FXpro and MSCI

US stocks closed positive on Post-Fed party

South Korea Producer Price Index Growth: -0.1% (August) vs previous 0.1%

Read more Previous

NZD/USD spikes to 0.8175, FOMC loses pared

NZD/USD has seen a 25/30 pips boost after the NY close, with the rate reaching 0.8175 highs as the recovery off FOMC-driven lows at 0.8073 continues.
Read more Next
Start livechat