Wednesday 9 December 2015

XE Market Analysis: Asia - Dec 09, 2015

Another risk-off session saw the dollar slide, along with equities, Treasury yields and oil prices. Aside from wholesale data, which had no impact on the markets, the U.S. calendar was empty, which left traders pondering risk taking levels. Aside from USD-CAD, which rallied on softer oil prices, the greenback gave back ground to the other major currencies. EUR-USD rallied to one-month highs of 1.1030 from lows of 1.0938 early in the session. USD-JPY dropped to 121.09, also a one-month low.



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