XE Market Analysis: Asia – Nov 02, 2015

The dollar was firmer in N.Y. trade to start November, though trade overall was subdued. A mix of softer U.S. manufacturing ISM, and firmer construction spending had little impact on the greenback, though a firmer risk backdrop, including higher yields and stocks, ultimately supported the buck. EUR-USD started the session at 1.1052, and made its way to 1.1015 lows. USD-JPY found buyers into 120.50, and later peaked at 120.78. USD-CAD followed the vagaries of the oil market, and ranged between 1.3073 and 1.3109.