XE Market Analysis: Europe – Sep 12, 2018

Both the Dollar and Yen have firmed up against most other currencies amid a backdrop of risk aversion in Asia, with the Japanese currency marginally outperforming the U.S. currency, seeing USD-JPY nudge lower after initially posting a one-week high in early Asia-Pacific dealings, at 111.65, with the pair then ebbing to the 111.45-50 area. The price was matched by EUR-JPY, AUD-JPY and most other Yen crosses, reflecting a modest pick up in safe demand for the Japanese currency as stock markets in Asia headed south amid ratcheting up verbal threats between the U.S.

Source: XE news feed
XE Market Analysis: Europe – Sep 12, 2018