Its been a notable session of new highs and lows. I’ve been tweeting them as they happened rather than posting them, but here they are for the record:
- GBP/USD hits a 14 month low under 1.2193
(GBPeso?) … and its since dropped lower
- AUD/USD falls under 0.6140 and to its lowest since April 2020
(ps. Some chatter of a move down under 0.60 is around the place https://forexlive.com/news/some-chatter-about-on-the-potential-for-audusd-to-drop-under-060-20250110/…
) - EUR/USD under 1.0210 to its lowest since November 2022
The dollar is king after the US jobs report on Friday:
- ForexLive Asia-Pacific FX news wrap: US jobs report Asia response, EUR and GBP weak again
- Forexlive Americas FX news wrap 10 Jan: Strong US jobs sends the USD & yields higher.
This article was written by Eamonn Sheridan at www.forexlive.com.
