XE Market Analysis: Europe – Dec 24, 2018

Narrow ranges have prevailed in low-volume markets. The Dollar consolidated at moderately softer levels after rallying on Friday, with all the main pairings holding comfortably within their respective Friday ranges. EUR-USD has settled in the upper 1.1300s, up from the four-session low seen on Friday at 1.1356, and USD-JPY has settled near the 111.0 mark. AUD-USD, USD-CAD and Cable have similarly seen been in directionless holding patterns, which will likely prevail through to the new year, unless there is an unexpected significant news development. Political instability in the U.S.

Source: XE news feed
XE Market Analysis: Europe – Dec 24, 2018