XE Market Analysis: Asia – Oct 07, 2015

The dollar was mixed through the Wednesday N.Y. session, though did mostly firm up in morning trade, as Wall Street started out strong, and yields edged higher. As oil prices fell however, stocks gave back their gains, and the greenback moved lower versus the yen and European major currencies. EUR-USD opened near 1.1275, and made its way to 1.1212. By the London close however, the pairing rallied back to 1.1265. USD-JPY meanwhile, peaked at 120.14 early on, and slipped to 119.75 lows by mid-morning.