XE Market Analysis: Europe – Mar 18, 2019

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The Dollar has traded moderately softer as London interbank participants take to their desks. The narrow trade-weighted USD index has dipped to a three-session low of 96.44, nearing last week’s two-week low at 96.39. EUR-USD has concurrently been trading buoyantly, although has so far remained checked by last week’s two-week peak at 1.1344. Cable has also been buoyant, presently changing hands at levels near 1.3280, which is just over a bid figure down on the seven-month high seen last week. An existential week looms for the UK.