Thursday 11 June 2015

XE Market Analysis: Asia - Jun 11, 2015

FX action was very subdued in N.Y. trade on Thursday, with the dollar putting in brief gyrations after in-line retail sales and jobless claims data, before settling inside of very narrow trading ranges. News that the IMF pulled its Greece negotiations team out of Brussels had surprisingly little impact on the euro, though with the Greek car-wreck seemingly never ending, the FX market may be getting tired of trading Greek headlines. EUR-USD was held inside a 1.1205 to 1.1255 band through the vast majority of the session.



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