XE Market Analysis: Europe - Jan 06, 2014
By: XE Market AnalysisThe JPY is moderately firmer on the first business in Japan in a week. EUR-JPY made a three-week low of 141.53, while USD-JPY is lowered versus Friday's New York closing level but has remained above its Friday low of 104.07. Most of the other dollar majors have been pretty steady, though sterling has been coming under some early-week pressure, with Cable testing 1.6350 and EUR-GBP nudging above 0.8300, though both have so far remained with their respective Friday ranges. Read more