Monday, 20 July 2015

XE Market Analysis: North America - Jul 20, 2015

The dollar has started the new week where it finished of last week, in bullish form. EUR-USD fell to a 10-week low of 1.0820, stopping just short of the May-27 low at 1.0819. USD-JPY rose to a one-month peak of 124.38 during the London AM session following a quiet Asia session in the absence of Japanese markets, which were closed for a public holiday. Cable ebbed to the mid-1.55s, breaching below its 50-day moving average.



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