Halister News

(Bloomberg) -- Dollar juggernaut continues into Thanksgiving week with USD/JPY breaking above 111.00 even as 10-year Treasury yield fall 2bps to 2.34%. CAD bucks the trend on higher oil prices.

• Iraq to offer 3 new proposals this week to discuss implementing an OPEC accord to cut output, WSJ cites Iraq oil minister Jabbar
  • USD/CAD drops 0.16% to 1.3483
• AUD/USD -0.29% to 0.7317 vs 0.7311-0.7347 range
  • Pair partly hit by AUD/NZD selling seen from multiple funds, traders say
  • Goldman adds long Aussie Rates vs U.S.; reduce USD as well as EMFX exposure
• USD/JPY +0.15% to 111.08 vs 110.65-111.19 range
  • BOJ should consider market functions when setting monetary policy, says new board member Takako Masai; story here
  • BOJ could deliver fixed-rate bond-purchase operation if the 10-year JGB yield approaches 0.05%-0.10% area: SMBC Nikko
• EUR/USD +0.07% to 1.0595 vs 1.0579-1.0615 range
  • Capped as macro funds offers are layered in 1.0620-1.0640, say traders
  • Clients are positioning for possible Euro-area event risks that may emerge, beyond the Trump-inspired USD strength already occurring, one of the trader says
  • Former PM Fillon is front-runner in France’s 2017 presidential election; story here
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