Thursday, 3 March 2016

XE Market Analysis: Europe - Mar 03, 2016

The AUD outperformed for a second day, building on the advance seen following yesterday's solid Q4 GDP data out of Australia, which showed a return to historic-norm growth of 3% y/y, while a mostly risk-on tone continued today in global markets. AUD-USD rallied to a new high for the year of 0.7324, stalling 3 pips short of the Dec-31 peak. The yen underperformed, though has remained above its lows from yesterday. USD-JPY lifted back above 114.0, but remained shy of Wednesday's peak at 114.55.



from RSS Feed http://ift.tt/1QtxI8T
via IFTTT

No comments:

Post a Comment