Tuesday 16 June 2015

XE Market Analysis: North America - Jun 16, 2015

The dollar traded firmer. EUR-USD hit an intraday low at 1.1239 following a big German ZEW miss, which fell to a 31.5 headline reading in May from April's 41.9, though the pair had been under pressure ahead of the release following an earlier short-lived spike to 1.1329. Markets are bracing for the FOMC meeting, which should leave the way open for a rate hike in September or October, while the Greece situation is also drawing rapidly to a head.



from RSS Feed http://ift.tt/1ejWGLO
via IFTTT

No comments:

Post a Comment