June 10, 2016. The JPY is the strongest. The AUD is the weakest
As NA traders enter for the trading day, the JPY is the strongest currency pair while the AUD is the weakest. All the JPY pairs are near lows at the time. Lower stocks?
Activity is light with all the major currency pairs (and the crosses for that matter) trading below the 22 day averages ( lines in the chart below). It is Friday, liquidity conditions could be light. GBP currency pairs can expect choppy action as a result of the potential weekend Brexit polls/news. European stocks and US pre-opening stocks are not a pretty with the Euro Stoxx index down 2.18% and the Dax down by 2.22%. S&P futures are down about 12 points in pre-market trading. Canada employment up.
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