XE Market Analysis: North America – May 25, 2017

The dollar found its feet after posting fresh post-FOMC minutes lows during the early part of European trading. USD-JPY rose to the 111.90 area, up from the post-FOMC minutes low at 111.48. EUR-USD logged a two-session high at 1.1250 during the London AM session before ebbing into the low 1.12s. The pair still remained comfortably above the levels prevailing before the release of the FOMC minutes yesterday, with the less hawkish than anticipated tone have imparted an overall softer bias on the dollar. Incoming U.S.

Source: XE news feed
XE Market Analysis: North America – May 25, 2017