Tuesday, 10 November 2015

XE Market Analysis: Asia - Nov 10, 2015

FX trade was relatively quiet in N.Y. on Tuesday, with the dollar mixed overall. EUR-USD managed new nearly seven-month lows of 1.0675 before recovering to near 1.0725 on short covering into the close. USD-JPY topped out at 123.43 early in the session, before edging back into the 123.10 region. USD-CAD once again was kept from the 1.3300 handle, as oil prices steadied at marginally higher levels, while cable was sideways near 1.5115. On the data front, import prices fell more than expected, though export prices were a touch firmer, while wholesale sales beat forecasts.



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