Thursday, 24 September 2015

XE Market Analysis: Asia - Sep 24, 2015

The dollar was again mixed in N.Y. trade on Thursday, though revealed little reaction to in-line jobless claims, durable orders, and better new home sales data. USD-CAD broke through the 1.34 level, making 11-year highs of 1.3416, as oil prices fell again, and as risk-off conditions prevailed. EUR-USD idled over 1.1250 early, though later peaked at 1.1295 on reported carry trade unwinding. USD-JPY fell to 119.23 lows, before recovering to a 119.82 peak. Stocks and yields headed lower again, as the global growth outlook remains uncertain at best.

[EUR, USD]



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