XE Market Analysis: Europe – Aug 27, 2018

The Dollar has rebounded some after posting fresh losses against the Euro and some other currencies during the early Asia-Pacific session. Markets have continued to digest the slightly more dovish than expected speech by Fed Chairman Powell on Friday, where he stuck to the “policy gradualism” script with regard to tightening. The USD index (DXY) has arrived at the early European AM session near flat (and note that London markets are closed today), at 95.18, after edging out a three-session low at 95.00 in early Asia-Pacific trading.

Source: XE news feed
XE Market Analysis: Europe – Aug 27, 2018