Dollar Versus Pound and Aussie June 18th

FX Strategy Video > Currency Pairs Analysis

GBP/USD had an absolute cracker of a session on Friday as the pair shot through the 1.57 level on word that an 80 billion GBP fund was being put away for banks in England. (At least this is what we suspect happened!) The truth is - the move was a bit unprecedented.

AUD/USD also had a strong session as the word of central bank coordination after the Greek elections got out. If there is trouble - the CBs are ready to help it appears. This caused the risk trade to shine.

Published on 16th of June 2012
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