Monday, 30 March 2015

XE Market Analysis: Asia - Mar 30, 2015




The dollar was firmer in N.Y. trade on Monday, with sentiment aided by stronger income gains and upbeat pending home sales data. Wall Street rallied, though yields edged lower. EUR-USD slipped from highs near 1.0865 to lows of 1.0810, as bids into the figure supported. Greek concerns remain however, and until a clearer picture of debt negotiations emerges, the euro is likely to remain heavy. USD-JPY traded over the 120.00 mark, though month/quarter repatriation kept the pairing under resistance at 120.15.









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