US dollar trading narrowly mixed

December 29, 2015

Research Team at BBH, notes that the US dollar is narrowly mixed in a low volume trade.

Key Quotes

“The euro and yen remain within yesterday's ranges, while sterling continues to trade heavily. The stabilization of oil prices has not lifted the Canadian dollar, while the other Antipodean currencies turn higher. Emerging market currencies are mostly lower, though the South African rand is slightly firmer. The Russian ruble's decline has been extended into the fourth sessions and brings its loss this month to 8.5%, the worst performing emerging market currency after the Argentine peso that sank as it was floated.” 

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