XE Market Analysis: Asia – Aug 24, 2017

FX trade was relatively calm in N.Y. on Thursday, with narrow ranges the rule for major dollar pairings. More of the same is in the cards ahead of Friday’s Jackson Hole speeches from Yellen and Draghi. On the U.S. data front, jobless claims were about in-line with expectations, though existing home sales were softer than forecasts. Neither had much impact on the greenback. EUR-USD traded on either side of 1.1800 through the day, while USD-JPY was stuck between 109.12 and 109.44.

Source: XE news feed
XE Market Analysis: Asia – Aug 24, 2017