XE Market Analysis: Europe – Dec 19, 2016

The dollar has traded steady-to-softer in early-week trade. USD-JPY has been the biggest mover, registering a 0.7% decline with the pair having drifted to the lower 117.0s after closing on Friday in the upper 117s. Japanese data today were overlooked by markets, although both imports and exports declined less than expected and by the least since Q3 last year. The Nikkei 225 equity index closed today with a fractional loss, having recovered from intraday lows. EUR-USD breached above its Friday peak in making a two-session high at 1.0479, putting a little more distance in from the near 14-year low of…

Source: XE news feed
XE Market Analysis: Europe – Dec 19, 2016