The US dollar ended the Friday’s session mixed. The currency was flat against the euro but gained on the Great Britain pound and was slightly up versus the Japanese yen. The main driver for the currency market today was news from Europe.
The dollar was gaining on the euro during the first half of the trading session and due to reports that the European Central Bank made a contingency plan for Greece’s exit from the eurozone. But rumors about an agreement between Greece and other eurozone members turned things around, making the euro to gain on the dollar. Yet EUR/USD ended the session virtually flat even after the accord has been confirmed.
The greenback’s performance against the yen was reverse — the dollar was falling versus the Japanese currency before the news from Europe but bounced afterwards. The US currency also got a support from positive US manufacturing data.
EUR/USD closed at 1.1376, near the opening level of 1.1367. GBP/USD was down from 1.5412 to 1.5387, reaching the low of 1.5343 intraday. USD/JPY closed at 119.06 after falling from 118.93 to 118.30.
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