Friday, 1 April 2016

XE Market Analysis: North America - Apr 01, 2016

The dollar has traded mixed, losing ground to the euro but gaining against an underperforming pound while holding steady-to-firm against the Canadian dollar and other currencies. EUR-USD has rallied above yesterday's high, setting a new five-month high at 1.1420 so far. EUR-JPY has also been bid, recovering Tokyo-session losses, seen during a bout of yen outperformance. USD-JPY, meanwhile, logged a tow-day low in Tokyo at 112.05, which is two pips shy of Wednesday's 10-day low, before settling above here in Europe.



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