XE Market Analysis: Europe – Dec 14, 2018

The Dollar and Yen has traded firmer against most other currencies against a backdrop of souring risk appetite after Chinese retail sales and production data undershot growth expectations, which in rekindled concerns about flagging global growth. The biggest losers out of the main currency group has been the Dollar bloc currencies, with AUD-USD and AUD-JPY down 0.7% a piece, and NZD-USD off by 0.9% heading into the London interbank open. AUD-USD printed a one-month low at 0.7174. EUR-USD ebbed back to the lower 1.1300s from the upper 1.1300s.