Forex headlines for Asia-Pacific trading on Oct 20, 2015:
– Canadian Liberals win majority in election
– Gold down $2 to $1168
– Shanghai Composite down 0.1% to 3383
Market moves have been relatively modest in Asia-Pacific trading as the US dollar bounce runs out of gas. The euro made a modest move higher but stalled ahead of 1.1340 after a 10 pip climb. It didn’t get any traction from there and slipped back to 1.1335.