Wednesday 25 May 2016

XE Market Analysis: Asia - May 25, 2016

The dollar faded modestly through the N.Y. session, taking a pause from gains seen since the release of the FOMC minutes a week ago. EUR-USD touched two-plus month lows of 1.1129 before recovering to 1.1168 highs, as USD-JPY topped at 110.46 ahead of easing to 110.07 lows. Cable traded over 1.4700, and generally found support on dips under the figure. USD-CAD meanwhile, traded into 1.3050 following an encouraging BoC policy statement, and $49 handle WTI crude. Incoming U.S.



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