XE Market Analysis: Europe – Jan 11, 2019

The Dollar has retained a softer performance versus most currencies, particularly the Dollar bloc units, which are being floated by a backdrop of rising global equity markets. AUD-USD printed a one-month peak at 0.7220, and NZD-USD a three-week high at 0.6831. EUR-USD lifted back above 1.1500 after Fed’s Clarida said that the central bank can afford to be patient, further affirming the shift-to-neutral change at the U.S. central bank, though the pair has remained below yesterday’s three-month peak at 1.1570.