Tuesday 15 March 2016

XE Market Analysis: Asia - Mar 15, 2016

The dollar was again mixed in N.Y. trade on Tuesday, though was held inside of relatively narrow ranges overall. Traders largely tended to position adjustments ahead of Wednesday's FOMC announcement, though softer retail sales and cooler core PPI did not help market sentiment overall. Wall Street and yields moved lower. EUR-USD continued to trade 20-points or so on either side of 1.1100, as USD-JPY was supported into 112.60 before reclaiming the 113 handle.



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