XE Market Analysis: Asia – Dec 21, 2017

The dollar index pulled back from the 93.50 level at the N.Y. open, to a base of 93.26, in relatively light trade. In coming U.S. data weighed on the greenback to an extent, as Q3 GDP was revised slightly lower, and jobless claims rose more than expected. EUR-USD chopped around inside of 1.1850-80, while USD-JPY moved off its high of 113.57, bottoming at 113.35. USD-CAD fell sharply following solid retail sales and warmer CPI figures, basing at 1.2700. Cable recovered from 1.3332 lows, though was unable to reclaim the 1.3400 handle.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Dec 21, 2017