XE Market Analysis: North America – Jan 22, 2018

The dollar dipped at the open of Asia-Pacific dealings on concerns about the government shutdown in the U.S, but subsequently recovered losses. EUR-USD popped about 50 pips high, logged a peak at 1.2274 before ebbing back to near net unchanged levels around 1.2225. USD-JPY’S low was 110.52 before the pair lifted to an intraday peak at 110.91. The U.S. Senate will vote on government funding at noon in Washington DC today after negotiations by a bipartisan group of senators failed to produce a breakthrough on Sunday.