XE Market Analysis: North America – Apr 26, 2017

The yen rebounded from fresh lows as the “Macron-trade” paused. USD-JPY was back to near net unchanged at 111.16 bid as of the late London AM session, having earlier clocked a 16-day peak at 111.63. EUR-JPY ebbed to around 121.20 after earlier trading in six-week high territory near 122.00. The moves came as the global stock market rally sputtered, with European bourses mostly in decline and U.S equity index futures slightly in the red after the stellar rally in regular Wall Street trade yesterday.

Source: XE news feed
XE Market Analysis: North America – Apr 26, 2017