XE Market Analysis: North America – Aug 30, 2018

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The Dollar has traded mostly firmer, with EUR-USD settling near 1.1700, below yesterday’s four-week high at 1.1733, and USD-JPY pushing toward 111.50, below the four-week high at 111.83 that was printed yesterday, while AUD-USD and NZD-USD were underperformers following a disappointing set of antipodean data. Risk appetite deteriorated, with European stock markets declining, S&P 500 futures turning lower from yesterday’s record high, while losses in Chinese markets (the Shanghai Composite closed 1.1% for the worse) dragged the MSCI Asia-Pacific index into the red.