XE Market Analysis: North America – Aug 12, 2019

A risk-off theme propelled the Yen higher while the likes of the China-proxy Australian Dollar, and many developing-world currencies, underperformed. The Breixt-afflicted Pound also posted fresh major-trend lows during a notably thin Asian session (amid holidays in Japan and Singapore) but managed to rebound some. Cable lifted back above 1.2050 after printing a 31-month low at 1.2015. The UK currency also rebounded from respective 33- and 10-year lows versus the Yen and Euro.

Source: XE news feed
XE Market Analysis: North America – Aug 12, 2019