XE Market Analysis: North America – Dec 08, 2017

The dollar has traded generally firmer, buoyed by expectations for corporate-friendly tax reform in the U.S. and into the November payrolls report, which is expected to show fresh signs of a tightening labour market. The buck has gained 0.3% versus the euro, logging two-week highs, and advanced by a similar magnitude against the yen, making a four-week high. Gains versus the pound were relatively muted as news of a deal between the EU and UK on Brexit divorce terms gave Her Majesty’s currency a lift.

[EUR, USD]