Friday, 17 July 2015

XE Market Analysis: Asia - Jul 17, 2015

With the exception of cable, the dollar was mostly firmer in N.Y. trade on Friday. In-line CPI data, and better housing starts numbers supported the greenback, though overall, trading ranges were relatively narrow. EUR-USD traded from 1.0895 highs at the open, to a low of 1.0842 at the London close, though follow through selling was tempered by Greece uncertainty. USD-JPY was mired on either side of 124.00, as USD-CAD traded to 1.3007 highs, levels last seen in September of 2004.



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