XE Market Analysis
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North American Edition2016-06-06 10:00 UTC
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 ... Read More ►
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European Edition2016-06-06 07:17 UTC
The dust settled in forex markets following the sharp bout of volatility on Friday after the much weaker than expected U.S. jobs headline. USD-JPY edged out a new one-month low of 106.37 in early Tokyo trade before settling to the upper 106s. EUR-JPY remained just above the 37-month low seen at 120.83 before rebounding to the mid 121s. The movement reflected a sudden demand for the safe haven of the yen on Friday after the U.S. data. EUR-USD, meanwhile, ... Read More ►
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Asian Edition2016-06-03 17:30 UTC
The dollar took a brutal beating in N.Y. trade on Friday, with steep losses coming on the back of the weak May U.S. employment report. EUR-USD surged from 1.1155 to near three week highs of 1.1348, as USD-JPY slid to a one-month low of 106.61 after opening the session near 108.90. Cable topped 1.4580, up from 1.4430, as USD-CAD printed seven-session lows of 1.2916, down from 1.3086 highs. As a result of the jobs data, markets completely took a June Fed ... Read More ►
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