Dollar near 8 month low versus Euro
American dollar traded near its lowest levels in 8 months versus Euro amid concerns over the U.S. governmental partial shutdown, which will slow economic growth and curb stimulus stance.
Moreover, Euro noticeably gains versus American dollar today, where the EUR/USD pair recorded high of 1.36223 from low of 1.35795, where the pair started today’s session at 1.35888.
At the same time, American dollar advanced today against Japanese yen after its recent series of losses, where the USD/JPY pair inclined to high of 97.676 from low of 97.245, as the pair started today’s session at 97.345.
EUR/JPY pair also advanced during today’s Asian session to compensate its previous losses, where the pair reached high of 132.915 from low of 132.124. GBP/JPY pair inclined to high of 158.535 from low of 157.820.
AUD/USD pair inclined today to record high of 0.94027 from low of 0.93658 as China, the main trade partner to Australia, recorded positive economic data over its services PMI today.
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