XE Market Analysis: Europe – Feb 06, 2017

The dollar has been trading mixed in pre-London Asian trade, softer versus the yen but firming against the euro and Australian dollar, and holding steady relative to some other currencies. USD-JPY has settled to a relative steady trade after whipsawing last week amid a flow of key data and market-moving Trump tweets. The pair edged out a two-session low of 112.23, which breached Friday’s low by 7 pips, subsequently firming to around 112.50. Risk appetite in global markets has bene on the rise following the “Goldilocks” U.S.

Source: XE news feed
XE Market Analysis: Europe – Feb 06, 2017