XE Market Analysis: Europe – Sep 06, 2018

The Dollar has continued to trade mixed while the Yen traded generally firmer and the Australian Dollar underperformed amid a risk-off theme in global markets on concerns about emerging market fragility and the next round of U.S. tariffs on Chinese imports. EUR-USD turned lower, back to the lower 1.1600s after posting a six-day high at 1.1659. USD-JPY and more especially Yen crosses declined. USD-JPY dipped to a low of 111.17, down from a peak at 111.75, and subsequently settling above 111.30.