XE Market Analysis: Asia – Dec 28, 2016

Another quiet day in N.Y. FX trade, though EUR-USD did ease to one-week lows of 1.0372, within range of the 13-year low posted last week. USD-JPY came off its 117.79 to print a 117.34 lows, with losses coming on the heels of a moderate Wall Street sell-off. USD-CAD touched levels last seen in February, peaking at 1.3598, before easing into 1.3556 as oil prices remained buoyant. Cable meanwhile, touched two-month lows of 1.2201.[EUR, USD]EUR-USD faded to six-session lows, bottoming at 1.0373 after the London close, and within sight of the 13-year low of 1.0353 posted on December 20. Trade was…

Source: XE news feed
XE Market Analysis: Asia – Dec 28, 2016