Thursday 10 December 2015

XE Market Analysis: Asia - Dec 10, 2015

FX trade was relatively quiet in N.Y. on Thursday, with the dollar overall trading a touch higher. Incoming data included import and export prices, which were weaker than expected, and weekly jobless claims, which came in higher, though neither had much impact on the markets. Wall Street managed a moderate rally, while Treasury yields bided their time into the weekend, and ahead of the much-anticipated FOMC announcement next week. EUR-USD peaked at 1.0972m and found support later into 1.0925. USD-JPY held above 121.25, managing highs of 121.62.



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