Wednesday, 2 March 2016

XE Market Analysis: Asia - Mar 02, 2016

The dollar was mixed in N.Y. morning trade on Wednesday, making trend highs against both the yen and euro, while falling to one-week lows versus the pound. USD-CAD was on a softer footing, though above Tuesday's three month base, as WTI crude printed nearly two-month highs over $35/bbl. On the data front, the ADP employment survey was a bit better than expected though neither that nor higher oil prices had much resonance on Wall Street, which struggled to keep its head above water through the session.



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