Tuesday, 9 June 2015

XE Market Analysis: Asia - Jun 09, 2015

The dollar was mostly lower in N.Y. trade on Tuesday, though overall, inside of relatively narrow ranges. EUR-USD traded into 1.1215 lows early in the session, before making its way toward 1.1290 into the London close. Decent EU growth data supported the euro, though with no resolution in sight to the Greece issue, EUR-USD is liable to remain largely rudderless for the time being. USD-JPY held over support around 123.75, before rebounding over 124.40, as USD-CAD fell under 1.2310 from near 1.2370 at the open, as oil prices edged over the key $60 mark.



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