XE Market Analysis: North America – Feb 13, 2017

A weaker yen has been the main theme so far today. EUR-USD lifted to an intraday peak of 1.0658 amid a furry of dollar selling, since retreating back under 1.0645 as the buck staged a rebound. The upward move was concomitant with a dip in USD-JPY to 113.43, which marked a 70-odd pip retreat from the Tokyo high at 114.16. The yen was registering as the weakest currency on the day out of the main currencies, down by a net 0.5% versus the dollar and by 0.6% against the euro as of the early European PM session.

Source: XE news feed
XE Market Analysis: North America – Feb 13, 2017