XE Market Analysis: North America – Nov 06, 2015

The dollar held in narrow ranges against its G3 counterparts, while posting fresh one-month highs versus the now less-shiny sterling, which added to Thursday’s losses on sub-forecast UK production data, which followed yesterday’s trimming of growth and inflation projections by the BoE. Dovish expressions from BoE Governor Carney were also in the mix, whose elevation of concerns about China’s impact on inflation have received a fresh airing from a Bloomberg interview published today. Cable logged a new one-month low at 1.5136.