FX Update: The dollar has traded mixed
FX Update: The dollar has traded mixed in pre-London Asian trading, softer versus the euro, steady against the yen, while gaining some ground versus sterling and the Canadian dollar. EUR-USD logged a three-session high at 1.0456, rising for a second day after posting a 14-year low at 1.0352 on Tuesday. The euro also posted modest gains versus the yen, sterling and franc, among other currencies. USD-JPY settled in the mid 117s after recouping from yesterday's two-session low at 117.10. Oil prices settled to a narrow range, consolidating having already posted the biggest December gain since 2010, which most Asian markets, along with European and U.S. equity index futures are lower. Thin pre-holiday, year-end conditions have taken a grip now.