XE Market Analysis: North America – Mar 28, 2018

The dollar traded firmer, especially against the yen and Swiss franc. USD-JPY logged a one-week high at 105.95 after more than reversing intraday losses. EUR-JPY and other yen crosses also picked up from intraday declines, but remained off recent highs. EUR-USD dipped to a 1.2376 low, making it a 1 bid figure correction from yesterday’s six-week high. EUR-CHF unusually broke step with EUR-USD, extending a recent run higher to log a three-month high at 1.1795. This put USD-CHF at a one-month high. Month- and quarter-end flows were reported to have be coursing through markets.

Source: XE news feed
XE Market Analysis: North America – Mar 28, 2018