Wednesday 13 January 2016

XE Market Analysis: Europe - Jan 13, 2016

The dollar is firmer against the yen and euro today, but softer against outperforming Aussie and Kiwi dollars and near net unchanged against the Canadian dollar, despite a 1% gain in NYMEX crude futures. Risk appetite picked up a little in Asia, with most stock markets outside China rebounding. A rise in Chinese exports and the PBoC's maintaining of the daily fix of the CNY near unchanged for a fourth straight day helped calm investor sentiment.



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