Thursday 25 February 2016

XE Market Analysis: North America - Feb 25, 2016

The dollar has been trading mixed, gaining some ground against the general softer yen, holding steady versus the euro and pound, and softening moderately against the Canadian dollar. The Aussie dollar was a relative underperformer following Australian capital expenditure data, which although showing a rise in investment highlighted a drop off in planned expenditure. Crude prices gave back some of yesterday's gains, while stock markets in Europe rallied after a mixed session in Asia, where Japan and other markets gained but China's Shanghai Composite dove 6.4%.



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