Friday 15 April 2016

XE Market Analysis: Europe - Apr 15, 2016

The yen eked out fresh lows against the dollar and euro, among other currencies, in what has been generally lack-lustre trade in Asia. A solid set of Chinese data failed to lift spirits in most Asian stock markets, with investors in need of a breather after a week of strong rallies. A major earthquake was reported to have hit Japan's Kyushu island, but fortunately this hasn't appeared to have caused a tsunami and doesn't appear to have been as damaging as the Tohoku quake in 2011. USD-JPY clocked an eight-day peak at 109.73, and EUR-JPY a two-day peak at 123.56.



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