XE Market Analysis: Europe – Jan 30, 2019

The Dollar majors have been plying narrow ranges for the most part, with Sterling consolidating after dropping by about 1% versus the Dollar following the UK Parliament’s Brexit votes late yesterday. USD-JPY has traded within a 25 pip range so far today, in the low-to-mid 109.0s. Most Yen crosses have been similarly directionally challenged, though AUD-JPY was an exception, rising over 0.5% to a two-day peak at 78.71.