XE Market Analysis: North America – Jul 31, 2018

The Dollar has traded mixed, rising against the Yen, which has underperformed in the wake of the BoJ’s policy announcement, while losing ground to the Euro and some other currencies, and trading flat against others. USD-JPY rallied to a fresh high at 111.59, marking the highest level seen in eight sessions, after the pledged to keep interest rates low while trimming inflation forecasts, despite concurrently announcing a more flexible approach to the implementation of its monetary stimulus program.