XE Market Analysis: North America – Apr 28, 2017

The euro rallied on the flash Eurozone CPI released, which came in at 1.9% y/y in the preliminary April figure, above the 1.8% median forecast and up from 1.4% in March. EUR-USD logged a two-session high at 1.0947, coming within 3 pips of Wednesday’s six-month high, while EUR-JPY has lifted into six-week territory. Cable rallied into six-month high terrain above 1.2930 in what is the fourth straight days of gains.

Source: XE news feed
XE Market Analysis: North America – Apr 28, 2017