XE Market Analysis: Europe – Oct 17, 2018

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The Dollar majors continue to lack direction, although stock markets picked up following positive corporate earnings reports out of the U.S. EUR-USD has ebbed back to the mid 1.1500s after yesterday failing to sustain gains above 1.1600. USD-JPY posted a three-session high at 112.42 before settling around 112.20-25. AUD-JPY posted a one-week high before ebbing back, while the likes of EUR-JPY and GBP-JPY have remained below their respective highs from yesterday, although also running higher during the Tokyo AM session.