The strongest and weakest currencies as North American traders enter for the day

Discussion in 'Market News' started by ForexLive, Jan 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    January 5, 2015. JPY is the strongest. CHF is the weakest. As North American trader enter for the trading day, they are once again prepping for further declines in equities - albeit less so than the greeting on the 1st trading day of the year. European indices are negative (Euro stoxx -0.51%, Dax -0.60%, Cac -0.61%). The Nikkei and Shanghai composite were down as well (-0.42% and -0.26%). The early call for the US indices are showing declines (S&P down about 11 points, Dow down about 100 points). The declines has the JPY as a safe haven currency and as a result, it is the strongest currency of the majors.

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