XE Market Analysis: North America – Nov 28, 2018

The Dollar has continued to trade mixed, posting a two-week high versus both the Euro and Yen before retreating, while losing ground to a generally firmer Pound today, and the Australian and New Zealand Dollars. EUR-USD recouped to the upper 1.1200s after printing a two-week low at 1.1267. The drop-and-rebound price action was concurrent with a spike-and-fall action of Italy’s 10-year yield, with Italian asset markets mollified by Finance Minister Tira reaffirming Rome’s commitment to dialogue with Brussels.