Tuesday 14 July 2015

XE Market Analysis: Asia - Jul 14, 2015

After losing ground following soft retail sales data, the dollar firmed up modestly through the N.Y. session on Tuesday. Wall Street was able to rally once again, as yields remained relatively lofty, both supportive of the greenback. EUR-USD toyed with the 1.1000 level, easing from near 1.1085, as Greece concerns remained. USD-JPY dipped briefly under 123.00 after the data, though later rallied to 123.45 highs. UD-CAD traded a narrow range on either side of 1.2750, with CAD traders now biding their time ahead of Wednesday's BoC meeting.



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