XE Market Analysis: North America – Jun 19, 2019

The Dollar has seen moderate softness against the Euro, Yen and Sterling, among other currencies, while holding net steady against the Dollar bloc units, in what has been subdued pre-Fed announcement trading in forex markets. EUR-USD nudged above 1.1200, lifting out of the 16-day low seen yesterday at 1.1181, which was the product the eyebrow-raising dovish about-turn of ECB’s Draghi yesterday. USD-JPY drifted moderately lower, to levels around 108.25-35 after scaling intraday highs just above 108.60 in Tokyo trading.

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