Thursday, 7 May 2015

XE Market Analysis: Asia - May 07, 2015

The dollar clawed back some recent losses in N.Y. on Thursday, as much better jobless claims data helped sentiment. The major driver however, was likely a round of dollar short covering ahead of Friday's key jobs report. Given the greenback's steep losses suffered over the past couple of session, some position paring dame as not much of a surprise. EUR-USD traded down into 1,1238 lows, after opening near 1.1325, as USD-JPY rallied over 119.80, after finding support into 119.00.



from RSS Feed http://ift.tt/1F8dqBn
via IFTTT

No comments:

Post a Comment