XE Market Analysis: Asia – Jul 24, 2017

The dollar has managed an up day today against most currencies (the Canadian dollar being the main exception), albeit fractionally so, with the narrow traded-weighted index showing a 0.1% gain after recouping from intraday losses. EUR-USD has settled around 1.1630-40, earlier edging out a fresh intraday low at 1.1625, which matched Friday’s low. USD-JPY recovered above 111.10-20 after logging a six-week low at 110.62. USD-CAD, in contrast, dove to a new trend low of 1.2483, extending what has been come a distinct and entrenched bear trend.

Source: XE news feed
XE Market Analysis: Asia – Jul 24, 2017