The Asian trading session, started its trading in February with an unexpected increase in the value of the low-yielding currencies, mostly for the Japanese yen and U.S. dollar, where it rose against the other major currencies as a result for the depressing released news by the U.S. economy for the consumer confidence, which led investors to head for the low-yielding currencies.
On the other hand, the Australian dollar and its New Zealand counterpart maintained their strong performance against the U.S. dollar because of the optimism that escorted the outlook for both of New Zealand and Australia economies, which reduced the losses of the two currencies against the U.S. dollar.
The USD / JPY pair opened the trading session on a clear reduction, to reach the lowest level at 76.18 after starting the session at 76.26.
As for the AUD / USD pair, where showed a weak trading at the beginning of the trading session, but it maintained its trading levels, and currently trading around the level of 1.0600 level, after recording its highest at 1.0614 and lowest at 1.0592.
Moving to the NZD / USD Pair, as it also showed a weak trading and currently trading around the level of 0.8245 after recording its highest at 0.8257 and lowest at 0.8240.