XE Market Analysis: North America – Sep 29, 2020

The dollar and yen have continued to soften, especially the latter, even though global stock market rally has once again flagged. EUR-USD posted a six-day high at 1.1699, extending the rebound from the two-month low that was seen last Friday at 1.1612, and EUR-JPY lifted to an eight-day peak at 123.54. The euro itself did find a measure of support from an above-forecast Eurozone ESI economic confidence survey. USD-JPY lifted to a two-week high at 105.74. AUD-JPY rose into six-day high terrain, while AUD-USD also gained.