XE Market Analysis: Asia – Jul 03, 2017

The dollar rallied in N.Y. trade on Monday, though activity dried up after the London close, as U.S. traders made their way to the exits ahead of Tuesday’s Independence Day holiday. Incoming data was supportive, as the June manufacturing ISM handily beat street expectations. Wall Street rallied, taking the Dow to all-time highs, as yields moved higher as well. EUR-USD slipped to 1.1357 lows, as USD-JPY topped at 6-week highs of 113.45. USD-CAD was dragged higher by general USD strength, while cable followed the euro lower, as it bottomed at 1.2933.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Jul 03, 2017