XE Market Analysis: Europe – Apr 25, 2017

The euro and other currencies settled today after the euro rally of yesterday. USD-JPY and EUR-JPY remained below the highs clocked in the initial minutes of trade yesterday. USD-JPY lifted from the mid 109s and established a narrow range in the lower 110s, holding below the two-week high of yesterday at 110.63 but well up on Friday’s pre-French election closing level at 109.05. There has been little fresh data or developments, though global stock markets remain buoyant as markets discount a pro-EU outcome in France’s runoff presidential election.

Source: XE news feed
XE Market Analysis: Europe – Apr 25, 2017