U.S. SUMMARY: The USD was weaker against most major currencies on Friday as markets absorbed the Fed's move to buy more mortgage-backed bonds. "There is some upside for the euro over the next few weeks as the market digests the Fed move," said Aroop Chatterjee, foreign exchange strategist at Barclays in New York. That upside is capped by the ECB's own bond-buying plans, he added. The greenback did strengthen against the JPY, which fell as it appeared more likely Japan would step in to intervene to weaken its currency. Late Friday the EUR/USD was at 1.3132 versus 1.2987 in New York Thursday. The USD/JPY was at 78.31 vs 77.48. The EUR/JPY was at 102.90 vs 100.68. The GBP/USD was at 1.6210, versus 1.6152. The Wall Street Journal Dollar Index, which measures the dollar against a basket of currencies, was at 68.980 from 69.201. Energy and materials shares led stocks higher; the Dow rose 0.4% while the Nasdaq added 0.9% Treasury bonds were hit broadly by the Fed's latest monetary stimulus, and the selloff sent benchmark yields to a four-month peak; 5-year yields rose 6.0 bps to 0.715% while 10-year yields added 11.0 bps to 1.866%. October Nymex crude settled 69 cents higher at $99 a barrel. December Comex gold gained 60 cents to settle at $1,772.70 a troy ounce.
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