Wednesday 30 September 2015

XE Market Analysis: Asia - Sep 30, 2015

The dollar was mixed in N.Y. trade on Wednesday, moving higher against the euro after negative EU headline inflation data, and easing back modestly versus the yen on quarter-end activity, and fading yields. EUR-USD opened near 1.1210, and made its way to 1.1158 lows into the London close. USD-JPY peaked at 120.29 after the in-line ADP jobs report, though later fell back to 119.55 lows. USD-CAD steadied on either side of 1.34, as oil prices firmed up some, while cable posted new five month lows under 1.5110, after briefly breaching the 1.52 mark.



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