XE Market Analysis: Europe – Oct 05, 2018

The Dollar majors have been trading in narrow ranges as the approaching release of the September U.S. jobs report casts a subduing influencing on trading activity. Risk appetite improved, though remained fragile overall, as markets continue to digest the spike in U.S. Treasury and global yields. EUR-USD has anchored itself around the 1.1500 mark, above yesterday’s six-week low at 1.1463, while USD-JPY has settled around 113.85-90, holding comfortably below the 11-month high seen yesterday at 114.55.