XE Market Analysis: North America – Dec 18, 2017

The dollar has traded mixed in markedly thinned-out conditions as Christmas and year-end holidays loom. EUR-USD rebounded to a high at 1.1798 so far, up on the early Asia-Pacific session low at 1.1738, and reversing about three quarters of the losses the pair saw on Friday (which had been a continued reaction to the ECB’s guidance on Thursday). USD-JPY saw some chop, dipping to a 112.44 low in early dealings, recouping to a peak of 112.83 before ebbing back to around 112.50.