Monday, 6 July 2015

XE Market Analysis: North America - Jul 06, 2015

The euro rebounded most of the losses seen in early Asia-Pacific trade as markets reacted to Greece's 'no' to austerity vote at the weekend. EUR-USD rebounded to the mid-1.10s after hitting a 1.0970 low, which left last Monday's trough at 1.0951 untroubled. The pair still remained about 40 pips lower on the day even. Europe's STOXX 600 equity was off its lows with a 0.6% decline in early European PM session, and Bund yields are down on safe-haven buying of German debt as markets hunker down following Greece's vote.



from RSS Feed http://ift.tt/1LNuDBm
via IFTTT

No comments:

Post a Comment