Monday 17 August 2015

XE Market Analysis: North America - Aug 17, 2015

EUR-USD dipped below Thursday's and Friday's lows in making 1.1062, subsequently recouping to the 1.1100 area but remaining moderately net lower on the day, while USD-JPY breached Friday's 124.53 peak in making 124.57. The moves reflected ongoing dollar firmness following the set of mostly-encouraging data out of the U.S. on Friday, which put a September Fed hide back in the cross hairs.



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