Thursday 31 March 2016

XE Market Analysis: Europe - Mar 31, 2016

The dollar has found its feet after two down days in the wake of Fed Yellen's "proceed cautiously" remarks of Tuesday. EUR-USD has drifted to the low 1.13s after capping out yesterday at 1.1365, which left the Feb-10 peak unchallenged, while USD-JPY has posted a 112.16-66 range, holding above yesterday's nine-day low at 112.01. Stock markets in Asia mostly firmed before sentiment flagged in quarter-end trade.



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