XE Market Analysis: North America – Nov 15, 2019

A risk-on positioning theme has been prevailing so far today, which has lifted global stock markets (Hong Kong and China excepted) and has seen the dollar and, more particularly, the yen ebb, while the likes of the Australian and Canadian dollars, along with many developing-world currencies, have risen. The euro has also managed to recoup some of the recently lost ground against most of the other main currencies, while the pound has retained a steady-to-firming course. USD-JPY posted an intraday high at 108.69, retracing more than 75% of the decline seen yesterday.

Source: XE news feed
XE Market Analysis: North America – Nov 15, 2019