XE Market Analysis: Europe – Nov 21, 2016

The dollar has opened the week in subdued fashion, narrowly orbiting the 1.0600 and 111.00 levels versus the euro and yen respectively, although still managing to edge out a new trend high versus the latter, at 111.18. EUR-USD has left its Friday trend low at 1.0569 untroubled. The USD index has traded flat today after rallying just over 4% to 13.5-year highs since Trump’s election victory. Wall Street finished softer on Friday, and stocks in Asia have largely seen indifferent direction, though yen weakness propelled the Nikkei 225 to a 0.8% closing high. S&P 500 are showing a modest 0.2%…

Source: XE news feed
XE Market Analysis: Europe – Nov 21, 2016