Morning FX Market Commentary

No additional yen weakness after Abe victory.

With no important news on the agenda, EUR/USD was blocked in the lower half of the 1.31 big figure. Sterling remained well bid. This morning, the dollar is under slight pressure as USD/JPY is losing some ground after the Japanese elections. Later today, more technical trading might be on the cards in the major USD cross rates.

Read the full report: FX Daily

 

KBC