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Session Recap: USD softer in holiday-thinned trade

FXstreet.com (Córdoba) – The USD trades a touch softer against major competitors, with the main exception of the yen, although it has managed to cut some losses during the European session.

In holiday-thinned trade due to the US Thanksgiving Day, the EUR/USD is trading around 1.3600, having hit a peak of 1.3617, with Eurozone confidence data coming in above expectations. Meanwhile, GBP/USD reached its highest since January at 1.6353 after the BoE announced the end of its mortgage support program. The USD/JPY printed a fresh 6-month high of 102.36 in slow trade.

The AUD is among the best performers, recovering ground …read more