XE Market Analysis: North America – Nov 02, 2015

The dollar was mixed in overnight trade, falling some versus the euro, as the ECB’s Draghi downplayed the prospects of December stimulus easing measures in an Italian magazine interview. USD-JPY sits near Friday’s closing levels, but above Asian session lows, as the market eyes prospects for a special Japan government stimulus budget. USD-CAD is back over 1.311, supported by softer oil prices, which were the result of soft China PMI data. Cable firmed up after U.K. PMI handily beat expectations. The U.S. calendar reveals October manufacturing ISM.