XE Market Analysis: North America – Mar 15, 2019

The Dollar has taken a downward turn, reversing some of the gains the currency saw yesterday. This has seen EUR-USD lift back above 1.1300, although yesterday’s 10-day high at 1.1338 has remain unchallenged so far. USD-JPY turned quite sharply lower after printing a nine-day high of 111.90. The decline mostly reflected a bout of dollar weakness, though a report by TASS, a Russian news agency, that North Korea is considering suspending nuclear talks with the U.S. sparked some safe-haven demand for the Japanese currency.