Thursday, 4 June 2015

XE Market Analysis: Asia - Jun 04, 2015

The dollar was mostly higher in N.Y. trade, coming off its worst levels against the euro, and maintaining altitude versus the yen. EUR-USD eased into 1.1240 lows, though briefly reclaimed the 1.13 handle on reports that Greece asked to lump all its IMF payments to the end of June. USD-JPY traded up from the 124 level, peaking at 124.68 into the London close. Cable gave back the 1.54 handle, as USD-CAD was up flirting with 1.25 again, as oil prices slid. U.S. data was largely helpful to the greenback, as jobless claims were lower than expected.



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