FXstreet.com (Córdoba) - Equities fell worldwide benefiting Greenback that rose slightly across the board on Monday, despite a pullback during the American session. Markets where characterized by a profit-taking session and suffered from declines in commodity prices. Crude-oil fell 3% and ended below $70 a barrel. Gold also decline but managed to finish above $1000 an ounce.
Dollar higher but far from intra-day high
Greenback rose across the board on Monday. EUR/USD fell to 1.4605 posting the lowest price in four days. Form there the pair recovered rising to 1.4700. The Euro failed to recover completely form previous losses and fell for the second session on a row.
The Yen fell across the board. USD/JPY rose to 92.50 posting a one-week high but failed to hold and pulled back to 91.80. Currently the pair is back above 92.00. Against European currencies, the Yen fell. GBP/JPY closed with gains for the first time in more than a week. The pair is back above 149.00 and has a strong resistance at 149.25. EUR/JPY jumped above 135.00 to 135.45 hitting the highest price since august 28.
Cable is still under pressure across the board. During the American session GBP/USD managed to erase previous losses and ended at the 1.6200 zone, close to the same price it had at the beginning of the day.