Monday 15 June 2015

XE Market Analysis: North America - Jun 15, 2015

EUR-USD has been under pressure in early-week trading after the latest round of Greece talks with creditors on Sunday collapsed in less than an hour. The pair tested the waters under 1.1200, but Friday's 1.1151 low has so far remained unchallenged. USD-JPY traded firmer after the Tokyo close, rising to a peak of 123.65, some 50 pips up on the Asia low. EUR-JPY also gained. The latest Reuters poll found all 19 analysts surveyed are expecting the BoJ to expand monetary policy further in Q4, despite a better tone in Japanese data of late.



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