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17 Jun 2013
USD volatility up at the Tokyo open
FXstreet.com (Barcelona) - The USD has seen some volatility picking up in early Tokyo trade following Tertiary Industry Index (MoM) in Japan stable at 0.0% from previous -1.3%, although below expectations of +0.02%.
Some stops in EUR/USD were taken out to recent session highs at 1.3358 for now trading at session lows 1.3344, while AUD/USD spiked to session highs at 0.9597 from initial price at 0.9570, and USD/JPY also took some stops out above the 94.50 mark, thus USD index spot (DXY) ranging first to lows at 82.58 to last session highs at 82.66.
Nikkei index opens lower around the 12580 points down -0.72%, while US equity futures jump to session highs near SP500 at 1630. Gold and Oil move both lower to session lows.
Some stops in EUR/USD were taken out to recent session highs at 1.3358 for now trading at session lows 1.3344, while AUD/USD spiked to session highs at 0.9597 from initial price at 0.9570, and USD/JPY also took some stops out above the 94.50 mark, thus USD index spot (DXY) ranging first to lows at 82.58 to last session highs at 82.66.
Nikkei index opens lower around the 12580 points down -0.72%, while US equity futures jump to session highs near SP500 at 1630. Gold and Oil move both lower to session lows.