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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

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    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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