The strongest currency as NY traders enter for the day is the Australian dollar. It has been helped from the start from much better than expected Building Approvals (read: Australian Nov building approvals +7.5% vs -3.0% exp ).
The weakest currency is the CHF nad EUR. The surprise weakness in the German factory orders (read:German factory orders Nov mm -2.4% vs -0.8% exp) are the highlight for the EUR. The CHF is being dragged around with the EUR and EURCHF.
The USD is sitting in the middle today – up against the EUR, GBP, JPY and CHF but down against the CAD, NZD (well more unchanged) and the AUD.
The strongest and weakest currencies for Jan 8, 2015.
