Friday, 7 August 2015

XE Market Analysis: Europe - Aug 07, 2015

USD majors held within respective Thursday ranges during pre-European open trade in Asia, with market participants now in lockdown ahead of the U.S. payrolls report, which will be essential in shaping September Fed tightening expectations. Commodity prices also settled after the RJ/CRB index saw fresh trend lows yesterday. Asian stock markets were mixed, with China and Japan up, but the likes of Australian, New Zealand and Taiwan down. The BoJ left policy unchanged, as widely expected.



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