Monday, 30 November 2015

XE Market Analysis: Europe - Nov 30, 2015

The dollar and other G3 currencies are near net unchanged in early-week trade just ahead of the London open. EUR-USD has been plying a narrow range in the upper 1.05s, while USD-JPY has been doing likewise in the upper 122s. Mixed economic figures out of Asia led to mixed performances across currencies and Asia equity markets. The won and KOPSI underperformed following a production miss out of South Korea, and while the Nikkei closed with a 0.7%, the yen held steady after Japanese data showed solid retail sales growth but sub-forecast industrial production.



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