Friday, 8 May 2015

XE Market Analysis: Europe - May 08, 2015

EUR-USD lower in the wake of the encouraging U.S. jobless claims data on Thursday, which sparked dollar short covering ahead of the April payrolls report. The low so far has been 1.1191, down almost two big figures from Thursday's peak. Wednesday's low at 1.1174 provides the next downside marker. We scope for a further retrenchment. Elsewhere, USD-JPY higher today, back toward 120.00.



from RSS Feed http://ift.tt/1cdWnR7
via IFTTT

No comments:

Post a Comment