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

Discussion in 'Market News' started by ForexLive, Feb 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    February 11, 2016: The JPY is the strongest. The GBP and AUD are the weakest. The weakest is the stocks and oil. Oil prices are down 26.31 down 4.15% and the S&P futures are down over 30 (it was just 39). The Dax is down 2% (it was just -2.85%) and the CAC is down 47%. In currencies that has translated in the JPY as the "flight into safety" play (but it just spiked 200 pips off the lows), the GBP and AUD, are the whipping boys. The US yields continue to tumble with the 10 year bond down 10 basis points to 1.57%. Compared to German bonds at 0.158% it is a bargain.

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