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- European session: The dollar rose
European session: The dollar rose
Data:
09:00 EU(17) Current account (September) adjusted, bln 0.5
The dollar rallied versus major counterparts as a Democratic Party aide said a U.S. congressional committee is likely to announce it failed to agree on deficit cuts, boosting the bid for safety.
The euro dropped against the yen following last week’s biggest loss since September as Spain’s Socialists became the fifth European government to be ejected as a result of the region’s debt crisis.
The pound fell for the first time in three days against the dollar as home sellers cut asking prices.
EUR/USD: the pair has fallen in $1.3430 area. Later the rate restored.
GBP/USD: the pair has fallen below $1.5650, come nearer to support in $1,5630 area.
USD/JPY: the pair was in Y76,75-Y76,95 area.
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