XE Market Analysis: Europe – Jan 23, 2018

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The dollar gained on the Senate vote that ended the three-day government shutdown in the U.S. Gains have been moderate. The USD index (DXY) lifted out of a three-day low at 90.29 to 90.53, while EUR-USD tumbled by about 30 pips in making a low at 1.2238, subsequently settling around 1.2250, a level that the pair has been oscillating around for a week now. USD-JPY lifted to a 111.17 peak from levels near 110.50.