Wednesday, 10 June 2015

XE Market Analysis: Asia - Jun 10, 2015

FX trade was fairly choppy, and the dollar mixed in N.Y. trade on Wednesday, with EUR-USD trading between 1.1260 and 1.1350 through the session, before settling into the 1.13 area in late dealings. USD-JPY popped on Kuroda comments into the N.Y. open, though sellers quickly emerged ahead of 123.50, to push the pairing to lows of 122.55. USD-CAD tested the 1.2200 mark early, as oil prices rallied further, though bids into the figure, and a subsequent easing of oil prices took the pairing to highs over 1.2280.



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