XE Market Analysis: North America – Jan 17, 2019

The dollar largely gave back gains seen during the pre-Europe session in Asia. EUR-USD left a 13-day low at 1.1371 before recouping back to the 1.1400 level. AUD-USD also lifted after earlier printing an eight-day low at 0.7146, while USD-CAD ebbed back after posting a three-day high at 1.3309. Sterling rose moderately as it appears the odds for a softer Brexit, or at least a delay in Brexit, have ticked higher, although the UK’s future remains clouded by uncertainty.