XE Market Analysis: Asia – Jun 28, 2017

Central bankers riled up markets in N.Y. on Wednesday, with the BoE’s Carney hinting at a rate hike. The pound surged higher on the news, topping at three-week highs of 1.2972. In Europe, a Bloomberg “source” report implied the markets had misinterpreted Draghi’s hawkish tone on Monday, resulting in a briefly lower euro. EUR-USD later recovered to new one-year highs of 1.1390. USD-JPY was relatively steady, and for the most part, held over the 112.00 level.

Source: XE news feed
XE Market Analysis: Asia – Jun 28, 2017