XE Market Analysis: Asia – May 28, 2015

The dollar firmed up in N.Y. trade on Thursday morning, taking EUR-USD down to 1.0867, from 1.0950 highs in London. Despite the lack of Greece progress however, the pairing rallied back to match the overnight high in afternoon trade. USD-JPY made new highs, rallying over 124.45, though later falling back into 123.60 on Aso remarks, who voiced concerns over the speed of the yen’s fall. USD-CAD traded over 1.2535 on weaker oil prices, though later eased under 1.2440 as crude rallied back. Cable posted a three-week low of 1.5360. Softer U.S.

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