XE Market Analysis: Europe – Nov 28, 2017

The dollar has lifted moderately in cautious trading as key data releases from the major economies loom on the near-horizon and with uncertainties prevailing with regard to the scope of Fed tightening ahead and U.S. fiscal policy, and on the political front in Germany and Catalonia, along with the risk for the Irish border to become a major sticking point in the Brexit negotiation. USD-JPY recovered from the two-month low seen late yesterday at 110.83, which followed a bout of safe haven demand for the yen on reports that North Korea was prepping another test of a ICBM.