Monday, November 2, 2015

Weekly FX Update, 2 Nov 2015

v  US dollar picks up steam after the FOMC left the door ajar with a more hawkish tone
v  Euro weakens after the hawkish FOMC statement and softer data flows 
v  JPY appreciates following BoJ’s decision to leave the stimulus program unchanged
v  Asian currencies remains on a depreciation bias against USD as most domestic equity indices are declining

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