Monday, 14 December 2015

XE Market Analysis: Europe - Dec 14, 2015

The dollar is trading firmer against its G7 peers, but softer against commodity and Asian currencies, which have collectively staged a rebound after coming under hefty pressure during the latter part of last week. EUR-USD ebbed back to the mid-1.09s, having failed to sustain gains above 1.10 on Friday. USD-JPY, after dipping to a low of 120.63 during early Tokyo trade following above-forecast Tankan business survey data out of Japan, recouped above 121.40.



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