Forex Market Overview (New York, May 20):
Last trading session was dominated by GBP/USD – British Pound US Dollar which signed 0.23% and rose to 1.2489.
The DXY index obtained 0.30% while trading within the 103.03 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 7.37%.
The EUR/USD exchange rate lost, the pair is now traded at 1.0562, losing in this market session around -0.23% or -0.0024 pips. Analysts’ projection for the short term is Strong Buy.
The USD/CAD exchange rate surge, the pair is now traded at 1.2839, gaining in this market session around 0.11% or 0.0014 pips. Analysts’ projection for the short term is Neutral.
The USD/JPY exchange rate gained, the pair is now traded at 127.86, gaining in this market session around 0.05% or 0.07 pips. Analysts’ projection for the short term is Strong Buy.
The USD/NZD exchange rate lost, the pair is now traded at 1.561, losing in this market session around -0.34% or -0.0054 pips. Analysts’ projection for the short term is Strong Sell.
The AUD/USD exchange rate lost, the pair is now traded at 1.561, losing in this market session around -0.34% or -0.0054 pips. Analysts’ projection for the short term is Strong Sell.
The GBP/USD exchange rate gained, the pair is now traded at 1.2489, gaining in this market session around 0.23% or 0.0029 pips. Analysts’ projection for the short term is Strong Buy.
