XE Market Analysis: Asia – Dec 21, 2016

A quiet Wednesday session in N.Y. on Wednesday saw the dollar mixed overall. EUR-USD maintained a narrow trading band in the low 1.04s, as USD-JPY bounced from the low 117s. USD-CAD rallied over 1.3425 on softer oil prices, and ahead of CPI and retail sales data on Thursday. Cable meanwhile lost some early shine, falling from 1.2390 to under 1.2340. Incoming data was limited to existing home sales, which beat expectations, but had little market impact. Wall Street traded marginally under water through the session, with the DJIA again unable to print the psych 20k mark.[EUR, USD]EUR-USD was a bit…

Source: XE news feed
XE Market Analysis: Asia – Dec 21, 2016