XE Market Analysis: Europe – May 07, 2018

The dollar is at moderately firmer in early-week trading. EUR-USD has tipped back under 1.1950 after posting an intraday high at 1.1978 in Tokyo trade. swinging Friday’s four-month low back into scope. USD-JPY lifted back above 109.00, in the latest phase of a continued orbit of the 109.00 level after correcting from the 11-week high seen last Thursday at 110.03. The dollar also posted gains against most other currencies, though held below highs seen on Friday.