XE Market Analysis: North America – Jan 13, 2017

The dollar traded softer, but has remained comfortably above the post-Trump press conference lows. USD-JPY has ebbed to the upper 114s after failing to sustain gains above 115.00, but remains over a big figure up on yesterday’s one-month low at 113.75. EUR-USD has firmed up to the mid 1.06s after logging an intraday low in Asia at 1.0603, but remained off yesterday’s one-month peak at 1.0684. While doubts have now crept in about U.S. president-elect Trump’s reflation plans following his fractious press conference on Wednesday, returning some support to the dollar have been Fed speakers, who were not been shy…

Source: XE news feed
XE Market Analysis: North America – Jan 13, 2017