Tuesday 29 December 2015

XE Market Analysis: North America - Dec 29, 2015

The dollar and other two G3 currencies continued to ply narrow ranges, remaining comfortably within respective Monday highs and lows in quite trade. Sterling, meanwhile, took a dip upon the reopening of London markets after the Christmas break, which sent Cable to a low of 1.4821 after opening near 1.4880. The Aussie and Kiwi dollars also rallied, aided by firmer commodity and stock markets following a suggestion from the PBoC that it would maintain credit growth. There remains little data of note, little market volume and little trading impetus.

[EUR, USD]



from RSS Feed http://ift.tt/1ZzfGYN
via IFTTT

No comments:

Post a Comment