XE Market Analysis: North America – Jun 14, 2018

The dollar has traded mostly lower, more than correcting gains seen in the wake of the Fed’s rate hike and hawkish-tilting guidance yesterday. EUR-USD logged a high of 1.1827 after extending a recovery from yesterday’s 1.1725 low that was seen in the immediate wake of the Fed’s announcement. Market participants are anticipating the ECB to announce an end of QE policy later, though the euro’s upside ambition was stymied by a fresh sell-off in Italian bonds.

Source: XE news feed
XE Market Analysis: North America – Jun 14, 2018