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9 Sep 2014
USD extends its rally – Danske Bank
FXStreet (Edinburgh) - Allan von Mehren, Chief Analyst at Danske Bank, underlines the bid tone of the greenback.
Key Quotes
“The USD continues to strengthen as EUR/USD has moved below 1.29 and USD/JPY traded above 106 overnight”.
“Oil prices fell further with Brent declining to USD100, the lowest level in over a year”.
“The move has been triggered by weaker Chinese imports, soft US job data and the truce in Ukraine”.
“Stock markets have been mixed in Asia but mostly showing gains. S&P500 fell slightly on Monday on lower energy shares”.
Key Quotes
“The USD continues to strengthen as EUR/USD has moved below 1.29 and USD/JPY traded above 106 overnight”.
“Oil prices fell further with Brent declining to USD100, the lowest level in over a year”.
“The move has been triggered by weaker Chinese imports, soft US job data and the truce in Ukraine”.
“Stock markets have been mixed in Asia but mostly showing gains. S&P500 fell slightly on Monday on lower energy shares”.