By: IntegrityFX
The USD saw a strong and sustained sell off in the US trading session today, despite equities ending the day overall flat. Oil made a break to $69 but came back to close at just under $71. Media headlines pointed to easing concerns on inflation but looking at gold at $940, the market does not agree. Tomorrow brings the interest rate statement out of Switzerland. Earlier this year they intervened in the markets giving a very significant boost to the Euro. The EURCHF has come down significantly lower over the last few weeks, so it is set for a good rise. In the US market expect risk aversion to gain a larger hold on the market as the S&P 500 makes its way to 890.
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FX BONUSES & PROMOTIONS
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Live Rates
| Symbol | Change | High | Low |
|---|
| EUR/USD | 0.0013 | 1.3283 | 1.32 |
|---|---|---|---|
| AUD/USD | 0.0062 | 1.0777 | 1.0684 |
| EUR/GBP | 0.0004 | 0.8401 | 0.8368 |
| EUR/JPY | -0.03 | 103.17 | 102.28 |
| GBP/USD | 0.0007 | 1.5826 | 1.5761 |
| USD/CAD | -0.0022 | 1.0015 | 0.9975 |
| USD/CHF | -0.0008 | 0.9159 | 0.9106 |
| USD/JPY | -0.07 | 77.77 | 77.41 |
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