XE Market Analysis: North America – Jul 06, 2017

The dollar has traded softer against most currencies. USD-CAD came under fresh pressure, which found bids but amid a 1%-plus rebound in oil prices (following yesterday’s near 4% haemorrhage). EUR-USD lifted above 1.1360 after ECB member Villeroy said that the prevailing non-standard policy is “not eternal,” which was sufficient to spark a tick higher in Bund yields. Cable logged a three-day high at 1.2988.

Source: XE news feed
XE Market Analysis: North America – Jul 06, 2017