Wednesday brought the euro as early gains against the dollar and the Yen as a weak Japanese stocks prompted speculators to sell the safe harbor for American and Japanese currencies.
Early in the day, climbed the European currency as high as $ 1.4890 and Y133.00, boosted by higher crude oil and gold prices, which often use the euro, because the risk investors less-averse.
But inspired by the fall of the Nikkei Stock Average 225 in negative territory in euro traders to load. Around 0530 GMT, the Nikkei fell 0.8%.
The "Tolerance to reduce the market risk" if the Nikkei, "said Yuzo Sakai, manager of currency at Tokyo Forex & Ueda Harlow. Is a" slow Asian shares, and negative impact on the currencies also riskier. "
The euro was at Y132.70 from 0450 GMT, against Y132.84 late Tuesday in New York, and at $ 1.4875 compared with $ 1.4869.
Traders said the market watch the Bank of England minutes of the November conference, due 0930 GMT, and the S. U. October consumer price index and housing starts to run, both scheduled for release 1330 GMT. If this paints a hopeful picture of the global economy, one that would lift the European currency, traders said.
Meanwhile, the unit fell slightly against the U.S. Yen to Y89.17 from Y89.30 night in New York, as traders bought the Yen in currency Australian dollar and the euro, the sale of U.S. dollar in process.
The Dollar Index, which tracks the dollar in trade-weighted basket of the currencies it, was at 75,276 of the 75,301 in New York.
Earlier in the Asian market, as gold hit a new record high current $ 1144.07. Future crude oil on the New York Mercantile Exchange hit five-session peak of $ 79.62 per bairille.
Early in the day, climbed the European currency as high as $ 1.4890 and Y133.00, boosted by higher crude oil and gold prices, which often use the euro, because the risk investors less-averse.
But inspired by the fall of the Nikkei Stock Average 225 in negative territory in euro traders to load. Around 0530 GMT, the Nikkei fell 0.8%.
The "Tolerance to reduce the market risk" if the Nikkei, "said Yuzo Sakai, manager of currency at Tokyo Forex & Ueda Harlow. Is a" slow Asian shares, and negative impact on the currencies also riskier. "
The euro was at Y132.70 from 0450 GMT, against Y132.84 late Tuesday in New York, and at $ 1.4875 compared with $ 1.4869.
Traders said the market watch the Bank of England minutes of the November conference, due 0930 GMT, and the S. U. October consumer price index and housing starts to run, both scheduled for release 1330 GMT. If this paints a hopeful picture of the global economy, one that would lift the European currency, traders said.
Meanwhile, the unit fell slightly against the U.S. Yen to Y89.17 from Y89.30 night in New York, as traders bought the Yen in currency Australian dollar and the euro, the sale of U.S. dollar in process.
The Dollar Index, which tracks the dollar in trade-weighted basket of the currencies it, was at 75,276 of the 75,301 in New York.
Earlier in the Asian market, as gold hit a new record high current $ 1144.07. Future crude oil on the New York Mercantile Exchange hit five-session peak of $ 79.62 per bairille.
No comments:
Post a Comment