XE Market Analysis: Asia – Dec 06, 2017

A lower than expected productivity revision weighed on the dollar early on, folowing an in-line ADP jobs report. From there, the greenback caught a mild bid, takiung EUR-USD from 1.1824 higsh to 1.1780 lows. USD-JPY bottomed at 112.11 before later topping at 112.37. USD-CAD shot higher on the combination of the BoC’s lack of rate hike, and softer oil prices. That pairing peaked at 1.2807, and up from 1.2653. Cable stayed soft on Brexit concerns. idling near 1.3380 in afternoon trade.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Dec 06, 2017