XE Market Analysis: North America – Apr 29, 2019

The Dollar has traded softer so far today, though magnitude of movement has been limited. The Yen also weakened against most currencies, with USD-JPY holding steady in the mid-to-upper 111.0s. Volumes have been thin in the absence of Tokyos, which will remain closed for the remainder of the week for Japan’s Golden Week holidays. EUR-USD posted an intraday high at 1.1167, putting in some space from the 22-month low seen on Friday at 1.1111, while EUR-JPY has printed a two-session peak at 124.85.