• Foreign exchange market. Asian session

Market news

5 June 2015

Foreign exchange market. Asian session

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)


Euro fell as raw-material producers slid and Greece became the first country since the 1980s to defer a payment to the International Monetary Fund. While international officials have reported some progress in the talks in recent days, German Chancellor Angela Merkel said they were far from reaching a conclusion.

The IMF cut its U.S. growth forecast and said the Fed should hold off from raising interest rates until the first half of 2016. The government's monthly employment data are due today, and economists predict the economy added 225,000 jobs in May, compared with April's 223,000.


EUR / USD: during the Asian session the pair fell to $ 1.1180

GBP / USD: during the Asian session, the pair was trading in the $ 1.5350-65

USD / JPY: during the Asian session the pair traded in the range Y124.35-55

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