XE Market Analysis: North America – Mar 28, 2017

The dollar and other major currencies traded in relatively narrow ranges. The unwinding of the “Trumpflation” trade came to a pause, reflected by a calm trading in stock markets and the dollar. EUR-USD settled in the mid 1.080s after yesterday failing to sustain gains above 1.0900. USD-JPY lodged itself in the mid 110.0s after clocking a four-month low yesterday at 110.11. A run high in the Tokyo session stalled at 110.82, shy of trend resistance at 110.90.

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