XE Market Analysis: North America – May 27, 2019

Conditions have been thin in the absence of London markets and with the U.S. off today. The Euro traded firmer, with EUR-USD having edged out an 11-day high at 1.1215, while EUR-JPY and EUR-CHF concurrently recouped recently lost ground. EUR-GBP, in contrast, descended to a five-day low as the Pound rebounded from recent trend lows. Early results from the EU parliamentary elections suggest that pro-EU parties had held their ground for the most part.