Monday, 25 May 2015

XE Market Analysis: Europe - May 26, 2015

EUR-USD has now made it the sixth day out of the last seven a lower daily low has been seen, this time falling to 1.0928, the lowest since Apr-28 and on route sliding below the 50-day moving average, presently at 1.0960. The move reflects both a degree of euro underperformance (EUR-JPY is at three-week lows, EUR-GBP at 10-week lows)and dollar outperformance (USD-JPY is at 10-week highs, USD-CAD at a six-week peak). The dollar has been notably perkier in the wake of an unexpected rise in U.S.



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

No comments:

Post a Comment