The Greenback ended yesterday’s trading session on a mixed note a day after President Obama signed the debt relief bill into law. Daily forex market news and analysis such, their negative outlook for the U.
The Single Currency enjoyed a rally in the European trading session after being under pressure most of the week. Swiss intervention via its central bank. July PMI services slipped to 51. USD traded with a low of 1.
4142 and a high of 1. 4343 before closing the day around 1. The Japanese Yen surged in the Asian trading session today as the MOF confirmed intervention and the BOJ ended it’s rate meeting one day early. JPY which itself moved from 77. JPY traded with a low of 76. 77 and a high of 77. 39 before closing the day around 77.