XE Market Analysis: North America – Jul 19, 2018

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The Dollar rose for at third consecutive day, tracking a rise in U.S. Treasury yields. The USD index (DXY) lifted by nearly 0.5% in making a fresh three-week high at 95.50. EUR-USD printed a 17-day low at 1.1595, and Cable clocked a 10-month low of 1.2985, aided by weak retail sales data out of the UK (even though there were one-off factors at play). USD-JPY climbed back above 113.00 but remained shy of yesterday’s four-month peak at 113.13. The U.S. currency also posted gains against the Dollar bloc units and most emerging market currencies. Expectations for U.S.