XE Market Analysis: Asia – Nov 21, 2016

The dollar was mixed in N.Y. trade on Monday, advancing versus the euro and yen, while losing ground to the CAD and sterling. Risk-on conditions aided sentiment, with major equity indices all printing record highs. EUR-USD opened at session highs of 1.0645, before making its way to 1.0590 lows. USD-JPY found support at 110.50, and later printed trend highs of 111.36. USD-CAD dipped under 1.3400 on sharply higher oil prices, while cable shot up from lows under 1.2400, to top at 1.2512.[EUR, USD]EUR-USD has faded to N.Y. session lows of 1.0594, with selling interest reportedly emerging from London into its…

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