Friday 30 October 2015

XE Market Analysis: Asia - Oct 30, 2015

The dollar was under modest pressure in N.Y. on Friday, ending the week and the month on a softer footing. U.S. ECI, income and consumption data was disappointing, while Michigan sentiment missed the mark as well. The oily bright spot in the data was a nice rebound in Chicago PMI. The mix of report helped the greenback lower generally, though FX ranges were relatively narrow. EUR-USD found support at 1.1000 early in the session, and later managed a 1.1072 peak.



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