XE Market Analysis: Europe – Mar 27, 2017

The dollar has been under pressure following the failure of Trump’s healthcare reform bill, which has cast doubt over his ability to push through his other reform bills. USD-JPY has been the biggest mover, with markets demanding the safe haven yen. The pair is showing over a 1% decline, having fallen four-month-plus low of 110.15. EUR-JPY is also lower, although remains above its low from last week. EUR-USD has come thin a few pips of its early December peak at 1.0874, and Cable is trading in four-week high terrain above 1.2540.[EUR, USD]

Source: XE news feed
XE Market Analysis: Europe – Mar 27, 2017