Wednesday 27 May 2015

XE Market Analysis: North America - May 27, 2015

EUR-USD settled around 1.0900 after an early London run higher stalled at 1.0919, which seems to be tell-tale price action of bearish market sentiment. Yesterday's low at 1.0863 remains in scope. EU's Junker suggested Greece may be given more time, but, of course, time is not the problem, rather the seemingly intractable differences between Athens and Greece's creditors is. USD-JPY rallied to a fresh eight-year peak of 123.77 during the London AM session on the nominal price chart.



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