U.S. Dollar continues gains in Forex Trading today.

By CountingPips.com

The U.S. dollar has continued to be stronger in forex trading against the major currencies today after gaining on Friday following the better than expected Nonfarms Employment data. On a day without a major economic new release, the dollar has gained against the euro, Australian dollar, Canadian dollar, Swiss franc and New Zealand dollar while showing declines against the British pound and Japanese yen.

The euro has fallen in trading versus the dollar from today’s 1.3981 opening at 00:00 GMT to trading at approximately 1.3906 in the afternoon of the US trading session at 1:18pm EST according to currency data by Oanda.

The British pound has turned around early losses to the dollar as the GBP/USD has gone from its 1.5934 opening rate to trading at 1.6048 in the U.S. session.

The dollar has declined very slightly so far today against the Japanese yen as the USD/JPY has risen from its 98.46 opening to trading at 98.38.

The Australian dollar has fallen versus the USD with the AUD/USD trading at 0.7864 after opening today at 0.7975. The New Zealand dollar has also lost ground versus the US dollar as the NZD/USD trades at 0.6185 after opening the day at the 0.6277 exchange rate.

Against the Swiss franc, the USD has been gained ground today as the USD/CHF has risen from its 1.0854 opening to trading at 1.0912. The dollar has increased against the Canadian dollar after the USD/CAD opened at 1.1172 earlier today to trading at 1.1202.

AUD/USD Chart – The Australian Dollar continuing its decline against the US Dollar in Forex Trading after reaching a high for 2009 last week at the 0.8264 exchange rate.

Today's Forex Chart
FX_Trdr