June 11: American session
Tatiana Norkina, FBS analyst
U.S. dollar today is a little weaker compared with yesterday. The dollar index was down to 80.70 and is currently losing about 0.05%. At the same time the major stock indexes unexpectedly fell sharply at the opening. So, DJIA has decreased by 0.50%, while the S&P500 - 0.40%.
That is why the currency pair EUR/USD today is in a sideways mode, in yesterday's support of 1.3530. Today GBP/USD pair is supported by positive data on the labor market. Because of this the rate rose to 1.6800 figure, but the bulls are not yet configured to overcome the current level. Currency pair USD/CHF remains under the 0.9000 figure, it supports the level of 0.8985 below. But USD/JPY pair has gone under the figure of 102.00, after yesterday's consolidation below 102.45 mark.