XE Market Analysis: North America – Jan 30, 2018

The dollar has come back under pressure, and is presently vying with the Australian dollar for the biggest loser on the day spot. The narrow trade-weighted USD index (DXY) is presently showing a loss of 0.2%, having earlier been showing a 0.3% gain on the day, and a 0.7% gain from yesterday’s low. EUR-USD has lifted to the low 1.24s, up from the intraday low at 1.2334, though yesterday’s peak at 1.2429 has so far remained unchallenged. USD-JPY has ebbed below yesterday’s low in making nadir at 108.55, swinging last Friday’s four-month low at 108.29 into scope.

Source: XE news feed
XE Market Analysis: North America – Jan 30, 2018