Tuesday 29 March 2016

XE Market Analysis: North America - Mar 29, 2016

The dollar has been trading mixed today, slumping against the euro, the pound and the Canadian dollar, while holding firm versus the yen and Australian dollar. The risk appetite backdrop has been neutral-to-off with stocks in Europe giving back intraday gains following a soft performance in Asian markets, while oil prices have headed south for a second day. European data were second tier, including Eurozone data showing a rise in lending to businesses and consumers, while Japan released a slew of figures, which painted a mixed picture.



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