Signs of tension between the USA and the North Korea eased off as Asian stocks bounced on Monday after three continuous losing sessions.
USD/JPY (and yen crosses) traded a little higher on the session; The Yen dropped close to 0.3 Percent trading at fresh session highs of 109.64 per dollar.
EUR/USD: The prevailing tensions failed to generate anything noteworthy last week with an overall gain of mere 48 pips. Opening this week, the Euro has done very little on the session trading at just 0.1 percent higher against the USD at $1.1824.
The Aussie gained few points earlier today despite disappointing Chinese Industrial production data. It was seen trading marginally up at 0.7919 against the USD earlier today. NZD/USD is barely net changed on the session trading close to it’s opening price of 0.7303
GBP/USD is seen trading a tad higher on the day crossing the 1.30000 barrier from it’s opening price of 1.29937. The pound had closed last week with a mere 25 pip loss as weekly sellers struggled to register anything noteworthy to the downside
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