XE Market Analysis: North America – Oct 14, 2020

There have been mixed direction themes so far today, with the dollar ebbing back after earlier posting fresh highs against many currencies, while the pound dropped quite sharply and then rebounded quite sharply, buffeted by Brexit endgame dramas. EUR-USD lifted back toward the mid 1.1700s after posting a nine-day low at 1.1719. The euro was also heavy against the yen and Swiss franc. The dollar had been underpinned by safe haven demand, though this waned, though stock markets in Europe and U.S. equity futures were negative.