OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD ends far from weekly highs

FXStreet (Córdoba) - The aussie posted the first weekly gain against US dollar after falling during the previous four weeks, despite moving significantly far from the highs.

AUD/USD peaked on Thursday at 0.8898 but then retreated sharply after the Australian employment report and also weakened by the strength of the US dollar.

The pair dropped almost 200 pips from the weekly highs and bottomed at 0.8686 on friday. During the American session managed to climb back above 0.8700 and finished hovering around 0.8705/25, 40 pips above the level it closed a seven days ago.

USD/JPY worst week since January

The yen rose sharply across the board amid risk aversion and against the US dollar had the best week since January.
Read more Previous

EUR/USD ready to close the week around 1.2600

The EUR/USD's shy bounce from 1.2605 was capped at 1.2640 where the pair found selling interest that sent the pair back to lows since October 7 close to 1.2600.
Read more Next
Start livechat