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Session Recap: yen declines further, EUR/USD consolidates at 1.3000
FXstreet.com (San Francisco) - The Yen continues with is story on Monday with the Nipon currency declining against its major competitors. The USD/JPY advanced 1.12% on the day to trade above 99.30. The GBP/JPY added 0.72% on the day to price close to 151.50. And the EUR/JPY rallied 1.35% to close above the 129.00 level.
On the other hand, The EUR/USD rose to test the 1.3035 resistance and currently is trading at 1.3000. While the GBP/USD has going down to close below the 1.5250 area.
Main headlines in the American session:
American equity markets open lower
Forex: USD/CAD tests the 1.0200
Fundamental Afternoon Wrap: JPY tops focus this afternoon
Forex: GBP/USD dips below 1.5300
Forex: EUR/USD keeps correcting lower
Forex: USD/JPY remains in session highs
Forex: EUR/JPY consolidates after setting 3-year high
Forex: US Dollar Index consolidates gains below 83.00