XE Market Analysis: Asia – Oct 31, 2017

FX trade was relatively quiet in N.Y. on Tuesday, with the dollar putting in a mixed performance. Incoming U.S. data was somewhat supportive of the greenback, as both Chicago PMI and consumer confidence were better than expected. The doolar lost some ground to the euro and pound, though posted gains versus the yen and CAD. EUR-USD topped at .1.1661 from a low of 1.1627, while cable advanced to two-week highs of 1.3288. USD-CAD topped over 1.2910 on soft Canada GDP data, while USD-JPY moved over 113.70 on improved risk levels, and a dovish BoJ.

[EUR, USD]