Monday, 20 July 2015

XE Market Analysis: Europe - Jul 20, 2015

The euro has started the new week under pressure (where it finished off last week), with EUR-USD logging a two-month low at 1.0820 and EUR-JPY a 10-day low at 134.35. The dollar, meanwhile, has remained generally underpinned, logging new cycle highs against gold and the Aussie dollar, though USD-JPY remained in a tight range in the low 124s, holding just below Friday's three-week peak at 124.23. Tokyo markets were absent today due to a public holiday in Japan. Stock markets in Asia were flat-to-higher.



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