XE Market Analysis: North America – Sep 26, 2018

The Dollar has traded with a slight upside bias ahead of potential market-jolting events. USD-JPY briefly traded above 113.00 for the first time since mid July, posting a high at 113.02 just after the Tokyo fixing before settling to a narrow range in the upper 112.00s. AUD-JPY concurrently posted a three-session high and while EUR-JPY also lifted, the cross remained just off recent five-month highs. Buoyant stock markets have kept the Yen on a softening path. China equities paced gains, with the Shanghai Composite closing with a 0.9% gain, although off the eight-week high posted intraday.