Dollar Versus Euro and Aussie July 30th

FX Strategy Video > Currency Pairs Analysis

EUR/USD had a bullish session on Friday as the traders simply didn't want to be short over the weekend. The markets are expecting easing out of Europe next week, and as a result the "risk on" trade came back. However, the end of the day wasn't exactly impressive for the Euro.

The AUD/USD was another story altogether. It simply didn't stop as it reached as high as 1.0490 during the session. If there is any easing, there's a good chance the Aussie will continue higher.

Published on 28th of July 2012
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