Monday, 6 June 2016

XE Market Analysis: North America - Jun 06, 2016

The dollar has largely settled to a consolidation following the sharp drop in the wake of the U.S. payrolls report on Friday, though USD-JPY managed to edge out a new one-month low of 106.37 in early Tokyo trade before rebounding to the low 107s. EUR-USD settled to a close orbit of 1.1350, holding below Friday's three-week peak at 1.1374. Sterling took a hit following two new polls showing that support for the pro-Brexit Leave campaign is overtaking the Remain camp.



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