Tue. Oct 27th, 2020

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Currencies are mixed

1 min read

World's major currencies: American dollar, Euro money, Australian dollar and Chinese yuan

The Mexican peso also fell 0.4% to 21.270 to the dollar while the Canadian dollar dipped 0.1% to C$1.3124 per dollar.

The yen moved little at 105.43 per dollar while the Swiss franc traded at 0.9102 to the dollar, near its highest in three weeks.

Sterling traded above the key $1.30 level as hopes for a Brexit deal offset concern about pressure on the economy from new coronavirus restrictions British Prime Minister Boris Johnson has announced.

The pound stood near its strongest levels in two weeks against the euro, which changed hands at 0.9043 pound.

On the other hand, the Australian dollar dropped as much as 0.6% to $0.7165, not helped by media reports China has stopped taking shipments of Australian coal.

The dollar index rose 0.1% to 93.190, trying to extend its rebound from Friday’s near-three-week low of 92.997, with the euro falling 0.17% to $1.1794.

The Chinese yuan fell 0.1% to 6.7500 per dollar, after the central bank set a weaker than forecast midpoint, offsetting any boost from strong Chinese trade data.

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