XE Market Analysis: Europe – Jan 29, 2019

The Dollar has traded softer versus the Euro and Yen, while holding near net unchanged levels versus Sterling and the Dollar bloc currencies. EUR-USD to a two-week low at 1.1443, extending the rebound from last week’s six-week low at 1.1289. Most Euro crosses are also up, with EUR-CHF carving out a six-week high, and EUR-GBP posting a five-week peak. USD-JPY, meanwhile, printed a 12-day low at 109.13, and most Yen crosses have also declined, concurrently with soft global stock markets. The U.S.