XE Market Analysis: Europe – Oct 18, 2018

The Dollar has traded mostly firmer in the wake of the release of the Fed minutes to the late-September FOMC meeting, which revealed policymakers remaining committed to gradual tightening. The USD index (DXY) has printed an eight-day high at 95.75, and is now up by just over 1% from the three-week low that was seen on Tuesday. EUR-USD has concurrently posted an eight-day low, at 1.1482, and USD-JPY and eight-day high, at 112.71. Moderate demand for the Yen amid a souring in risk appetite across Asian stock markets has seen USD-JPY ebb back some. The U.S.