Thursday, 17 September 2015

XE Market Analysis: North America - Sep 17, 2015

The dollar has remained on a mixed footing into the Fed decision, extending declines against the euro while edging higher against an underperforming yen. The were few strong leads in Europe or Asia. Chinese stock markets closed in the red following a late-session dive, but most other Asian markets closed higher while European equities and S&P 500 futures have traded steadily. The SNB left monetary policy settings unchanged, as was widely anticipated, repeating that the franc remains "significantly overvalued" and that it would continue to intervene in currency markets if necessary.



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