During the last three sessions, largely festive in the markets, the EUR/USD pair has tested lows by crossing below 1,08 and reaching levels of 1,0727 during today's Asian session. During the end of the quarter, the pair traded sideways struggling to hold on to 1,08, with data releases that did not shake up the market too much.
From the rest of the panel, the British Pound remains in the 0.85 – 0.86 range without directionality, dawning today in the middle part of the range. The Japanese Yen is moving away from the stressed levels of recent sessions, which made the Bank of Japan authorities threaten to intervene in the currency market, which is why the EUR/JPY is trading at 162.80.
Regarding the Euro in its cross against the Swiss Franc, the pair corrects much of the movement and is trading at 0.9720. It is worth mentioning that the Mexican peso is strongly appreciated against the community currency, reaching levels not seen since 2015 with the EUR/MXN pair at levels of 17,82.
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