XE Market Analysis: Asia – Nov 23, 2015

The dollar was mixed in N.Y. trade on Monday, firmer versus the euro and pound, though losing some ground to the yen and CAD. EUR-USD traded under the 1.0600 mark for the first time in seven months, touch 1.0593 lows before rallying back over 1.0620 on short covering interest. USD-JPY eased into 122.80 after giving up the 123 handle early in the session. USD-CAD eased from 1.3435 trend highs, as oil prices recovered, while cable followed EUR-USD lower, basing near two-week lows under 1.5120.