Thursday, 6 August 2015

XE Market Analysis: Asia - Aug 06, 2015

The dollar took a hit in N.Y. trade on Thursday, as a risk-off session developed soon after the open. Decent weekly jobless claims gave the greenback a brief boost early, though as stocks deteriorated, and Treasury yields slipped, the USD game under broad selling pressure. EUR-USD based at 1.0874 after the data, before making its way to 1.0935 highs. Risk and yields sensitive USD-JPY fell short of 125.00 at the start of the session, before making its way to 124.55 lows.



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