Monday, 4 April 2016

XE Market Analysis: Asia - Apr 04, 2016

FX trade was relatively light in N.Y. on Monday, though the dollar came under some renewed pressure, following the gains seen after Friday's jobs report, and ISM data. There was just an in-line factory orders report in the way of data, which had little lasting impact. Wall Street gyrated on either side of flat for much of the session, before turning lower into the close, as yields slipped back some. EUR-USD peaked at 1.1409, before fading into 1.1373. USD-JPY continued lower, touching 111.10 on deteriorating risk taking levels.



from RSS Feed http://ift.tt/200R23o
via IFTTT

No comments:

Post a Comment