XE Market Analysis: Europe – Nov 26, 2018

Both the Dollar and Yen lose ground to most other currencies, especially the Dollar bloc currencies, which rebounded concurrently with a revival in risk appetite, with oil prices staging a partial rebound of last week’s sharp losses and equity markets rising. EUR-USD lifted to around 113.60, up from an 11-day low at 113.26, while USD-JPY rose to a 10-day high at 113.29 as the Japanese currency underperformed in shedding some of its safe haven premium. AUD-JPY has been the biggest mover of the day do far, rising up over 0.5% in printing a five-day high at 82.17.