OVERVIEW US Dollar drops against a basket of currencies on poor wage inflation. Loonie dips lower on oil price drop. Sterling stronger on risk demand. HIGHLIGHT There is no highlight for today’s Currency Market Analysis. US DOLLAR The US Dollar has given back some of Friday’s gains as the focus on wage inflation looks like […]
FX trade was very light in N.Y. on Monday, with narrow ranges the rule overall, though the dollar did lose modest ground. The DXY slipped from opening highs of 90.10, before slipping back to 89.92 lows. EUR-USD topped at 1.2335, up from 1.3290, while USD-JPY was stuck inside of 106.65 to 106.42. USD-CAD meandered inside […]
The yen backed out of early-Tokyo highs and is showing an average 0.4% decline versus the dollar and euro heading into the London interbank open. USD-JPY logging a high of 106.90 after posting a three-session low at 106.25. EUR-JPY also lifted out of a two-session low to make a two-session high of 131.77. AUD-JPY and […]
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