Thursday 30 June 2011

FXWRAP: Dollar Mixed After Sharp Chop Following Greek Vote | iMarketNews.com

FXWRAP: Dollar Mixed After Sharp Chop Following Greek Vote | iMarketNews.com

Wednesday, June 29, 2011 - 15:48

NEW YORK, June 29 (MNI) - The dollar was nursing slight gains vs. the euro while easing modestly vs. the yen on a day when early market action was driven by the anticipation and outcome of a Greek government vote on austerity measures.

Euro-dollar was changing hands at $1.4420 in quiet afternoon dealings Wednesday, the euro holding in the upper reaches of a broad $1.4325/1.4447 range seen during U.S. hours and after beginning the day near that high.

Dollar-yen meantime was changing hands at Y80.90 in afternoon dealings Wednesday, the dollar around the middle of the day's Y80.54/81.10 range seen during U.S. hours, after beginning the day near its high.

Afternoon dealings were at a slow trickle Wednesday as currencies settled down after experiencing some violent and unsettling chop earlier in the U.S. session.

Dollar Rates in New York Trade:

Eur-Dlr Dlr-Yen Eur-Yen Stg-Dlr Dlr-Swiss 3:32 p.m. Wed 1.4425 80.89 116.68 1.6055 0.8350 1:42 p.m. 1.4435 80.85 116.68 1.6067 0.8350 11:23 a.m. 1.4427 80.82 116.60 1.6056 0.8346 9:11 a.m. 1.4405 80.68 116.25 1.6030 0.8337 7:30 a.m. Wed 1.4444 81.06 117.07 1.6036 0.8348 3:36 p.m. Tue 1.4352 81.14 116.45 1.5985 0.8320 7:31 a.m. Tue 1.4245 80.89 115.22 1.5948 0.8333 7:40 a.m. Mon 1.4208 80.72 114.68 1.5973 0.8337 3:24 p.m. Fri 1.4165 80.44 113.95 1.5970 0.8380 End 2010 1.3377 81.15 109.10 1.5599 0.9335

http://imarketnews.com/node/32977

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