Easy Forex Daily Forex Report 02-01-2014
January 2, 2014 12:15 pmVideo
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The EU Morning Report – Currencies mixed ahead of holiday season – 23 December 2013
Written by the easy-forex team
Currencies
The US dollar (USD) remains confident against the Japanese yen (JPY) after having reached a five year high at 104.63. The dollar has sincere retraced to 104.034 but may continue its bullish trajectory over the holiday season.
Equities
US stocks opened the week higher as Christmas nears and Wall Street remains bullish. The US 500 (SPI) has touched 1820.60, an all-time high before correcting to 1819.51.
Commodities
Mover & Shaker with FX Options
The Australian dollar (AUD) strengthened against the US dollar (USD) over the weekend. The pair has fallen from a high of 0.9754 to 0.8823 since October as the economy follows a natural depreciation following lower demand for its raw materials.
Currency strategist at easy-forex
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