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by ForexNewsNow Team on July 17th, 2011

Forex trading overview of EURUSD, GBPUSD, USDCHF

Following a tumultuous week for the financial markets that featured renewed concerns about debt crises both in Europe and the United States and even new fears about a stock market crash, here is an overview of how the EUR/USD, GBP/USD and USD/CHF closed out the trading week on Friday, July 15th.

  • EUR/USD:

On Friday, the euro gained ground again vis-a-vis the US dollar, trading at around 1.4153 at the close of the trading.
The single currency was up 0.081% on the day and reached a session high of 1.4200 with a low of 1.4093.

  • GBP/USD:

The British pound declined against the Dollar on Friday, trading at around 1.6134 when market closed.
The Pound was down 0.031% on the day and reached a session high of 1.6176 with a low of 1.6076.

  • USD/CHF:

The Dollar decreased vis-à-vis the Swissy on Friday finishing the day at 0.8152 at the close of trading.
The greenback was down 0.004% on Friday after having reached a session high of 0.8192 and a low of 0.8121.

Here is a brief overview of this week’s economic events that are likely to impact trading of the major foreign currency pairs.


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