Monday, 9 November 2015

XE Market Analysis: Asia - Nov 09, 2015

The dollar was mixed in N.Y. trade on Monday, perking up generally in early trade, before falling back into the London close. For the most part, it was a risk-off session, with Wall Street selling off sharply, seemingly in a delayed reaction to the prospects of a December Fed rate hike, which were ramped up following the strong U.S. jobs report on Friday. There was no U.S. data to move markets. EUR-USD fell from nearly 1.0780 to under 1.0740, before peaking at 1.0782. USD-JPY topped out over 123.55, and later eased back under 1.23.00.



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