Monday 27 July 2015

XE Market Analysis: North America - Jul 27, 2015

The dollar traded generally weaker, and the euro outperformed as more Grexit risk premium was unwound and the July German Ifo survey beat expectations. The yen, meanwhile, was generally firmer (outside the case against the euro) amid a China-driven stock market declines in Asia and Europe. EUR-USD rallied to a 1.1113 two-week peak before settling to the mid-to-upper 1.10s, remaining over a half-a-big-figure up on the day's opening levels.



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