Wednesday, 3 February 2016

XE Market Analysis: Asia - Feb 03, 2016

The dollar was crushed in N.Y. trade on Wednesday, sending the USD index to three month lows, as EUR-USD surged to 1.1145, and USD-JPY dove to 117.05. A decent ADP employment survey was offset by a soggy services ISM outcome, while dovish Fedspeak from Dudley got the dollar selling ball rolling. Oil prices rallied 7% through the session, which helped take USD-CAD to mid-December levels of 1.3785, while cable posted three-week highs of 1.4650.

[EUR, USD]



from RSS Feed http://ift.tt/23JmztL
via IFTTT

No comments:

Post a Comment