Thursday, 14 January 2016

XE Market Analysis: Europe - Jan 14, 2016

The dollar is moderately net firmer against most currencies for the most part, and the yen is trading weaker despite an ongoing air of risk awareness. Risk-off vibes stemming from hefty late-session losses on Wall Street, follow-up declines in most Asian markets and news of a terrorist attack in Jakarta have been offset up gains in Chinese stock market and U.S. equity index futures, a "mostly positive" outlook in the U.S. Fed's Beige Book, and a lift in oil prices. Front month NYMEX oil prices are presently up over 1%, just off $31, after briefly foraying to $30.20 yesterday.



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