XE Market Analysis: Asia – Nov 01, 2017

The dollar was range bound ahead of the FOMC announcement, though a decent ADP jobs report kept a floor under the unit. The greenback rose a bit, then fell, then rose again following the Fed announcement, where policy was left unchanged, as expected, and the statement was unremarkable. EUR-USD dipped to 1.1619 from near 1.1630, then rallied to 1.1641, before bottoming at 1.1610. USD-JPY bottomed at 113.75 before making its way to 114.17.

[EUR, USD]