XE Market Analysis: North America – Jul 10, 2019

The USD has traded mixed into the New York interbank open and Fed Chair Powell’s Congressional testimony. The U.S. currency posted moderate losses against the EUR and GBP, while still managing to claw out new highs versus the JPY, AUD and NZD. The EUR rallied on above-forecast production data out of France and Italy, which sparked a spike in Bund yields and saw EUR-USD post a two-day high at 1.1229. EUR-JPY printed an eight-day high at 122.32.

Source: XE news feed
XE Market Analysis: North America – Jul 10, 2019