US dollar strengthens into final hours of 2015

FXStreet (Córdoba) – The US dollar strengthened across the board and climbed to session highs versus most competitors amid position adjustments before the year end, with moves exaggerated by low volume.

EUR/USD broke below 1.0900 and dropped to a 10-day low of 1.0853, but found support ahead of the 50-day SMA. GBP/USD fell nearly 100 pips to a fresh 8-month low of 1.4733. USD/JPY fell to a low of 119.99 but was unable to confirm a break and recovered slightly. USD/CHF broke above the 50-day SMA and the parity level and reached a 3-week peak of 1.0019.

AUD/USD and NZD/USD reversed early gains and returned to square one at 0.7280 and 0.6840 respectively. The Canadian dollar however was outperforming, with USD/CAD trading 0.35% lower around 1.3830.

The US dollar strengthened across the board and climbed to session highs versus most competitors amid position adjustments before the year end, with moves exaggerated by low volume.

(Market News Provided by FXstreet)