XE Market Analysis: Asia – Nov 25, 2016

It was a relatively quiet FX session in N.Y. on Friday, though the dollar managed to take back some of the losses it suffered overnight. EUR-USD slipped back under 1.0600, as USD-JPY reclaimed the 113 handle. USD-CAD edged over 1.3500 as oil prices fell further, while cable was steady over 1.2400. The advance October trade report revealed a wider than expected deficit, while Markit flash services PMI was slightly lower than forecasts. The DJIA and S&P 500 printed fresh record highs, while yields moved higher.[EUR, USD]EUR-USD spent the N.Y. morning session easing from 1.0627 highs to 1.0595 lows. Activity was…

Source: XE news feed
XE Market Analysis: Asia – Nov 25, 2016