Monday 13 June 2016

XE Market Analysis: North America - Jun 13, 2016

The dollar has traded mostly softer today, though sterling has been the biggest loser as Brexit polls show a shift in support for the Leave campaign. The biggest gainers have been the yen, principally, and the Swiss franc. Stock markets in Asia and Europe have continued to fall, oil prices have lost over 1%, extending last week's correction from trend highs, and sovereign bonds have continued to rally. A batch of Chinese data, particularly fixed asset investment and industrial value figures, fanned investors' growth concerns.

[EUR, USD]



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