Monday, 30 November 2015

XE Market Analysis: North America - Nov 30, 2015

The dollar posted gains, led by EUR-USD, which edged out a new seven-month low just under 1.0565. Cable also logged fresh seven-month lows, at 1.5001. USD-JPY rose some 0.25%, trading above 123.00 for the first time in a week. USD-CHF is also up, but remained shy of the five-year peak it saw on Friday, at 1.0328. The market is prepping for this week's slew of U.S. data to cement expectations for the Fed to hike rates by 25 bp on Dec-16.

[EUR, USD]



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