XE Market Analysis: Asia – Jan 13, 2017

FX trade was relatively quiet in N.Y. on Friday, though the dollar did perk up marginally, leaving the USD index at 101.30 into the close. Decent retail sales and in-line PPI data helped USD sentiment, though ahead of a long U.S. weekend, the rally petered out early. EUR-UD topped at 1.0675 before falling to 1.0597 lows, as USD-JPY opened near 114.15, before rallying to 115.44, then falling back into 114.60. USD-CAD was supported into 1.3100, while cable bounced from 1.2120 to touch 1.2225 highs.[EUR, USD]EUR-USD was weighed down from 1.0675 to session lows of 1.0597 following the early U.S. round…

Source: XE news feed
XE Market Analysis: Asia – Jan 13, 2017