XE Market Analysis: Europe – Nov 09, 2018

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The Dollar has continued to firm for a second day against most other currencies, with the Yen being the main exception, with USD-JPY dipping slightly, towards the 113.80 level after failing to sustain gains above 114.00. Flagging stock markets across Asia, and the U.S., where the S&P 500 closed on Wall Street yesterday with a 0.25% loss, with futures of the index showing a further 0.3% decline, have been supporting the Yen. EUR-USD posted a nine-day low at 1.1335, returning focus on the four-month low seen on October-31 at 1.1302.