XE Market Analysis: Asia – Oct 27, 2015

The dollar started off on a softer footing in early N.Y. trade on Tuesday though recovered its poise as the session progressed, despite weak incoming U.S. data. Durable orders were much softer than forecasts, as was consumer confidence. EUR-USD peaked at 1.1078 after the early data, though eased back into 1.1030 at mid-morning. USD-JPY meanwhile, found support under 120.20, later making its way to 120.46 highs. USD-CAD touched 1.3260, as oil prices made two-month lows, as cable traded under 1.5300.