XE Market Analysis: North America – Oct 11, 2017

The dollar is mostly lower, as U.S. stock futures register caution ahead of the FOMC minutes. EUR-USD fell back from highs in the mid 1.18s but at 1.1817 remains clearly above recent lows, after the Catalonian president appeared to back down from declaring independence from Spain, instead “suspending” the result of the separatist vote to give time for dialogue with Madrid. USD-JPY is trading at 112.22 amid broad JPY strength on the nervous geopolitical backdrop, before recovering marginally.