The dollar has been holding narrow ranges into the Fed. EUR-USD has made time in the low-to-mid-1.09s, consolidating yesterday's drop that left a one-week at 1.0904. USD-JPY logged a five-day peak of 122.10 on the back of yen underperformance amid a backdrop of strong gains in Japanese and global stocks, as per the usual correlative pattern. The market is holding a relatively neutral net dollar exposure, according to BNP Paraiba's forex positioning analysis from late last week.
from RSS Feed http://ift.tt/1O5yk2m
via IFTTT
No comments:
Post a Comment