FOREX: A mixed session for the dollar, as.....>

FOREX: FOREX: A mixed session for the dollar, as the pair broke through the

solid demand at $1.1575 (Oct 27 low) in early European trade, with the rate

eventually printing session lows of $1.1554. The NY session has seen the pair

being pulled around by US Tsys yields, stocks and gold bouncing between

$1.1560-90.

-AUSSIE: The Aussie was under pressure from the start of the NY session after a

dull European session (0.7652-83) printing early lows of $0.7645.

- Commodities led the pair in the NY session with the rate grinding to session

lows of $0.7627, the recovery was limited to recovery highs of $0.7641.

-YEN: Started to feel the weight of yen crosses and extends the corrective

pullback off earlier traded highs (Y114.34) to Y114.09 ahead of NY.

- Yen was dragged around by US Tsys yields for majority of session and couldn't

find direction, falling to Y113.83 before bouncing back towards Y114.00

-EURO: Spiked 20 pips from session lows of $1.1554 to $1.1578 after Bloomberg

headlines that said key ECB policy makers are reported to have challenged QE

pledge, just ahead of NY. The pair bounced between $1.1560-90 in NY trade.