XE Market Analysis: Europe – Jun 19, 2019

Narrow ranges have been prevailing among the main currencies, despite Wall Street closing strongly higher, the MSCI Asia-Pacific index hitting five-week highs, the 10-year Bund yield hitting a record low, and a the 10-year U.S. note yield printing a its lowest closing level in 21 months. USD-JPY has drifted moderately lower, to levels around 108.35 after scaling intraday highs just above 108.60 earlier in Tokyo trading. The dip reflects a pick up in demand for the Yen, which has also seen EUR-JPY and AUD-JPY drift back from intraday highs.

Source: XE news feed
XE Market Analysis: Europe – Jun 19, 2019