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11.06.2015 06:22 Foreign exchange market. Asian session

 

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

 

Euro fell despite optimism progress is being made in Greece's debt talks. Speculation increased that the standoff over Greece will reach a favorable resolution as the European Central Bank raised the level of emergency cash available to the country's banks by 2.3 billion euros ($2.6 billion). German Chancellor Angela Merkel said Wednesday her goal is "to keep Greece in the euro area."

The yen weakened dollar, after jumping 1.4 percent Wednesday as Bank of Japan Governor Haruhiko Kuroda said it was hard to see further losses.

The kiwi sank after the Reserve Bank of New Zealand's decision, the currency's weakest intraday level since September 2010. It lost 2.6 percent to neighboring Australia's dollar, which erased earlier declines after government data showed unemployment unexpectedly fell in May to the lowest in a year.

 

EUR / USD: during the Asian session the pair fell to $ 1.1285

GBP / USD: during the Asian session the pair fell to $ 1.5485

USD / JPY: during the Asian session the pair rose to Y123.20



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