XE Market Analysis: Asia – Dec 19, 2016

USD-JPY has recouped toward 117.00 after clocking to a pullback low of 116.82, which surpassed the Tokyo session low at 116.97 and marked a new three-session nadir. EUR-USD traded back to near net unchanged levels after logging a low at 1.0411, which made this an outside day, whereby the day’s low and high exceed the respective low and high from the previous session, indicating a lack of directional commitment. USD-CAD was showing a 0.4% gain, having just seen a new two-session high two pips shy of 1.3400. Sterling rallied over 1.24 versus the dollar in the wake of remarks from…

Source: XE news feed
XE Market Analysis: Asia – Dec 19, 2016