XE Market Analysis: North America – Aug 27, 2018

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The Dollar majors settled in narrow ranges during a London-less European AM session after the U.S. currency had rebounded some after posting fresh losses against the Euro and some other currencies during the early Asia-Pacific session. The USD index (DXY) was near flat, at 95.17, as of the late morning in Europe having lifted out of a three-session low at 95.00, which was seen in early Asia. EUR-USD settled above 1.1600 after posting a peak a 25-day peak at 1.1654. USD-JPY drifted lower, settling in the lower 111.0s after basing at a 110.93 low.