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GBP Flat As EUR, JPY Down Against USD

GBP Flat As EUR, JPY Down Against USD

EUR/USD

EUR/USD fell mildly on Monday extending minor losses from the previous session, as the timing of a highly-anticipated interest rate hike by the Federal Reserve and concerns related to the Greek Debt Crisis remained in focus. The currency pair traded in a tight range between 1.0940 and 1.0995 during Monday’s session before settling at 1.0955, down 0.25%.

EUR/USD 4-Hour Chart

GBP/USD

The pound was little changed against the dollar on Monday after data showing that U.K. manufacturing PMI ticked up to 51.9 last month from 51.4 in June, which was the lowest level in over two years. Economists had expected a reading of 51.6.GBP/USD at 1.5520 down from highs of 1.5645 hit earlier in the day.

GBP/USD 4-Hour Chart

USD/JPY

The Japanese yen fell slightly against the U.S. dollar on Monday after data showed that U.S. personal spending rose in line with expectations in June, fueling optimism over the strength of the economy. USD/JPY was up 0.35% to 124.25.

USD/JPY 4-Hour Chart

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