XE Market Analysis: North America – Nov 04, 2015

The dollar added to the modest gains seen on Tuesday overnight, taking EUR-USD to 1.0914 lows. Draghi re-assured markets yesterday that the central bank remains ready and willing to act if necessary and will review the policy stance at the December meeting. Nothing really new, but enough to rekindle hope of additional stimulus measures from the ECB in December. USD-JPY rallied to 121.38 in Asian trade, though gains have been a tough haul, with ongoing Japanese exporter selling interest noted through the 121.50 level.