XE Market Analysis: Europe – Nov 08, 2017

The dollar has been trading narrow ranges so far today, holding steady in Asia after weakening concomitantly with U.S. Treasury yields during the New York session yesterday. News that the U.S. corporate tax cut may be delayed one year before implementation had also weighed on the dollar a bit. Oil prices, in sharp focus amid the political machinations in Saudi Arabia, have traded softer after clocking a 18-month high yesterday.