XE Market Analysis: North America - May 19, 2014
By: XE Market AnalysisThe USD established was softer versus the JPY and EUR, and was more flat-to-mixed against other currencies. USD-JPY broke below the Mar-3 low to make a three-month low of 101.10. EUR-JPY and other yen crosses were also lower as the yen followed its usual inverse correlation with risk appetite, as weak house price data out of China fed slowdown concerns in Asia's biggest economy. Read more