Friday, 1 May 2015

XE Market Analysis: North America - May 01, 2015

EUR-USD extended to a new two-month peak of 1.1286 in thin London AM trade (most of Europe is closed today). EUR-JPY and other euro crosses have seen a similar price action, while the dollar itself has managed to recover some recently lost ground against other currencies following perky U.S. data on Thursday. USD-JPY recovered from its foray to the mid-18s and is back in familiar territory in the mid-to-upper 119s.



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