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European Market Update: Whit Monday Holiday Keeps European Participation Light

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    FX markets were very quiet on Monday with the major pairs held to narrow ranges as Whit Monday kept participation to a minimum. EUR/USD steady at 1.1320 area. USD/JPY stayed below the 109 handle. Verbal intervention continued for Japan as Vice Fin Min of International Affairs (currency chief) Asakawa reiterated[​IMG]

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