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- Foreign exchange market. Asian session
Foreign exchange market. Asian session
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
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The dollar-denominated measure added 0.7 percent over the past three days. Investors await a report on U.S. durable goods Tuesday after last week's reading on inflation was stronger than expected, bringing the Federal Reserve a step closer to raising interest rates.
Greek officials will use Tuesday to revive their bid to access financial aid with their finance minister, Yanis Varoufakis, blaming creditors' insistence on more austerity for the impasse. While Greek Prime Minister Alexis Tsipras's spokesman Gabriel Sakellaridis said Monday that a deal can be reached by the end of May, he admitted that disagreements remain in areas such as budget targets, sales-tax rates, pension and labor market rules.
EUR / USD: during the Asian session the pair fell to $ 1.0930
GBP / USD: during the Asian session the pair fell to $ 1.5430
USD / JPY: during the Asian session the pair rose to Y121.80
Ongoing Greece debt concerns will be in the spotlight during the European morning, followed into the afternoon by release of US durable goods at 1230GMT, with US new home sales and consumer confidence at 1400GMT. Domestic data has CBI reported sales at 1000GMT (median 20 vs last 12).
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