XE Market Analysis: Europe – Sep 12, 2017

The dollar carved out new rebound highs during the Asia session. USD-JPY continued to lead the way as markets react to a sense of reduced risks stemming from North Korea and Hurricane Irma, with the former having refrained from further missile testing and the latter now having weakened to a tropical storm rating while tentatively proving to be less damaging than feared to the U.S. mainland. USD-JPY logged a one-week high at 109.58, which is over two big figures up on Friday’s low at 107.31. EUR-USD clocked a three-session low at 1.1945.

Source: XE news feed
XE Market Analysis: Europe – Sep 12, 2017