Tuesday, 14 July 2015

XE Market Analysis: North America - Jul 14, 2015

The euro rebounded during the European AM session after the currency posted fresh lows against the dollar and euro during the Asian session. EUR-USD restored itself back in the low-to-mid-1.10s after seeing a one-week low at 1.1054. Markets are waiting on Greece's parliamentary vote on the bailout deal and the testimony of Fed Chair Yellen, both of which are tomorrow. Elsewhere, USD-JPY's post-Greek deal rally extended to a 12-day peak of 123.73 in Tokyo trade before the pair settled back to an oscillation around 123.50.



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