XE Market Analysis: Europe – Oct 06, 2017

The dollar has been bid up again, after dipping mid week, gaining concomitantly with Treasury yields following a set of strong data out of the U.S. yesterday, along with relatively hawkish Fedspeack and with all three of the main U.S. equity indices setting record closing highs for a fourth straight session. USD-JPY edged out a three-session high just above 113.00 and EUR-USD clawed out a new seven-week low at 1.1686. USD-CAD logged five-week highs, while Cable plumbed a one-month low.