XE Market Analysis: Asia – Nov 28, 2016

The dollar was fairly steady through the N.Y. session on Monday, though remained on a softer footing following overnight losses. EUR-USD ranged between 1.0563 and 1.0604, as USD-JPY traded as high as 112.80 at the open, before falling to 112.07 lows, on lower yields and a softer Wall Street. USD-CAD fell from overnight highs of 1.3537, steadying into the 1.3400 level. The move came as oil prices rallied in excess of 3%. Cable meanwhile, idled on either side of 1.2400.[EUR, USD]EUR-USD steadied under the 1.0600 mark, after drifting lower from near 1.0670 into the N.Y. open. The pairing’s rally to…

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