XE Market Analysis: North America – Jun 28, 2019

Comments are off

Jostling for position ahead of the Trump-Xi showstopper has mostly characterised trading so far today, while the Euro saw a rotation higher following some perkier-than-expected inflation readings out of the Eurozone. In equity markets, moderate losses were seen in Asian markets, while moderate gains were seen across European bourses. The Yen posted fractional gains against this backdrop, which saw USD-JPY reverse most of yesterday’s advance in printing a low at 107.56, while EUR-JPY edged out a two-day low. AUD-JPY also traded softer.