Session Recap: Syrian fears spread risk aversion; Oil jumps & USD declines

FXstreet.com (San Francisco) – Syria was the theme of the day as the US is planning an action against the Damascus’ government. Volume remained low and risk aversion was the note. The US Dollar index closed at session lows below the 81.20 level.

The EUR/USD advanced to test the 1.3400 area and now it is closing around 1.3385. The USD/JPY collapsed 150 pips in the day to test the 97.00 area. The AUD/USD declined again today to price below the 0.8950 and close around 0.8985. The USD/CAD performed negative for third day and extended losses below 1.0500.

On the other …read more