XE Market Analysis: North America – Apr 21, 2017

The euro has come under moderate pressure, despite forecast-beating Eurozone PMI figures in preliminary April readings, and a rise in the Eurozone current account surplus. EUR-USD has dipped to the 1.0700 area, putting in some distance from yesterday’s three-week high at 1.0737. EUR-JPY, EUR-AUD and other euro crosses are also down. The declines reflect the risks that Sunday’s French presidential election present the euro, as yesterday’s terrorist attack can be seen, in theory, as being boosting the prospects of the anti-EU Le Pen.

Source: XE news feed
XE Market Analysis: North America – Apr 21, 2017