Tuesday, 5 April 2016

XE Market Analysis: Asia - Apr 05, 2016

The dollar rallied briefly in N.Y. trade on Tuesday after the better Services ISM data, though ultimately struggled through the remainder of the session. The greenback reverted to sell-the-rally mode, as has been the case since Yellen's speech a week ago. EUR-USD forted with the 1.1400 level after touching 1.1343 lows. USD-JPY meanwhile entered the BoJ's "danger zone" dipping under 110.00 for the first time in a year and a half. USD-CAD firmed over !.3200 as WTI crude stuck to the $35 handle.



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

No comments:

Post a Comment