Friday, 29 April 2016

XE Market Analysis: Asia - Apr 29, 2016

It was a risk-off session in N.Y. on Friday, as the dollar, yields, and equities all turned lower. Incoming data was mostly light of expectations, with income holding up, but consumption lagging, as Chicago PMI and Michigan sentiment numbers both faded. EUR-USD posted three-week highs of 1.1459, just shy of the 1.1464 multi-month top posted earlier in April. USD-JPY meanwhile, took it on the chin again, falling to a 15-month base of 106.64 as risk-off and fallout from the BoJ's no-move policy meeting continued to reverberate.



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

No comments:

Post a Comment