XE Market Analysis: Europe – Feb 07, 2019

The USD index printed a fresh two-week peak at 96.24, making this the first consecutive day a new high has been made. EUR-USD has concurrently posted a 13-day low, at 1.1355, putting the pair in the lower reaches of the broadly sideways range that’s been unfolding for some three months now. Cable has edge out a tow-week low, at 1.2923, and USD-CAD has lifted an eight-day high at 1.3245. USD-JPY has also been buoyant, although remaining below 110.00 and recent highs.