Friday 24 April 2015

XE Market Analysis: Asia - Apr 24, 2015

The dollar was mixed in N.Y. trade on Friday, losing ground to the yen and pound, while rallying versus the CAD, and staying choppy against the euro. Uncertainty over the Greece crisis outcome has been pushed back again, as no agreement was reached at the latest Eurogroup meeting. EUR-USD as a result was rather rudderless on Friday, meandering between 1.0805 and 1.0879 through the session. Disappointing durable goods data and softer yields did the dollar no favors either, though an earnings inspired Wall Street rally kept risk levels somewhat elevated.



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