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Session Recap: yen declines further, EUR/USD consolidates at 1.3000

FXstreet.com (San Francisco) - The Yen continues with is story on Monday with the Nipon currency declining against its major competitors. The USD/JPY advanced 1.12% on the day to trade above 99.30. The GBP/JPY added 0.72% on the day to price close to 151.50. And the EUR/JPY rallied 1.35% to close above the 129.00 level.

On the other hand, The EUR/USD rose to test the 1.3035 resistance and currently is trading at 1.3000. While the GBP/USD has going down to close below the 1.5250 area.

Main headlines in the American session:

American equity markets open lower

Forex: USD/CAD tests the 1.0200

Fundamental Afternoon Wrap: JPY tops focus this afternoon

Forex: GBP/USD dips below 1.5300

Forex: EUR/USD keeps correcting lower

Forex: USD/JPY remains in session highs

Forex: EUR/JPY consolidates after setting 3-year high

Forex: US Dollar Index consolidates gains below 83.00

Forex: USD/JPY breaks above 99.00

Forex: EUR/USD hovering over 1.3000/10

Wall Street advances in the first day of the week

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Forex Flash: Standing in the way of Yen a dangerous proposition - Societe Generale

Amid the perplexity of the market, the Japanese Yen continues to tumble unstoppable without showing any signs of recovery, as bounces remain almost non-existant.
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