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8 Aug 2014

AUD/USD steady around 0.9275

FXStreet (Córdoba) - The AUD/USD moved sideways around 0.9275 during the American session and is about to finish the week with a decline of 35 pips. It is the second weekly decline in a row for the pair and the lowest close since May.

The Aussie weakened Thursday after the release of the Australian employment report that triggered a downside movement of the currency across the board.

On Friday the AUD/USD bottomed at 0.9237 (fresh 1-month low) but then turned to the upside and erased daily losses. The recovery from the lows found resistance at 0.9285.
Aug 8, 2014

EUR squeezing higher onto 1.34 handle - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the surge up onto the 1.34 handle.
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Aug 8, 2014

GBP/USD testing critical levels

GBP/USD is trading at 1.6776, down -0.33% on the day, having posted a daily high at 1.6836 and low at 1.6767.
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