XE Market Analysis: North America – Nov 24, 2016

The dollar has ebbed back after making new trend highs during the European AM session. USD-JPY was showing a net 0.5% gain, as of the early European PM, although about half a big figure off from the seven-month high logged earlier at 113.53. EUR-USD recouped to around 1.0570 after clocking a 12-month low earlier at 1.0518. The USD index was also softer after hitting new 13.5-year highs earlier, as was the broad trade-weighted index, which was still within just a few percentage points of trading at its highest levels since 1986. Both conditions and commitment is limited today into the…

Source: XE news feed
XE Market Analysis: North America – Nov 24, 2016