XE Market Analysis: Asia – Oct 28, 2016

The dollar was fairly steady through the morning session, getting a modest boost from the better U.S. GDP report. EUR-USD remained near the 1.0900 mark until early afternoon, while USD-JPY held above 105.00 after posting new three-month highs of 105.53. Later, the greenback fell to session lows across the board following reports that the FBI would reopen th investigation into Clinton’s emails. The uncertainty that was created saw the VIX ramp higher as Wall Street turned modest gains into decent losses, as yields slipped some. Meanwhile, USD-CAD and USD-MXN rallied, perhaps as the email news ups the potential for a…

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