XE Market Analysis: North America – Feb 14, 2017

The dollar has traded mostly softer so far today, with markets wary ahead of the Senate testimony of the dovish Fed chairwoman Yellen and following the resignation of Trump’s national security adviser. Cable was the exception, as the pound dove 0.5% to 1.2445 following below-forecast CPI data, subsequently steadying, leaving yesterday’s low 1.2440 unchallenged. USD-JPY, meanwhile, ebbed to a 113.25 low, which is three pips within yesterday’s low.

Source: XE news feed
XE Market Analysis: North America – Feb 14, 2017