XE Market Analysis: Europe – Mar 19, 2018

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Both the dollar and yen have traded firmly against most other currencies in early-week trading so far. EUR-USD has ebbed to a 17-day low at 1.2258, and EUR-JPY a two-week low, of 129.61, as a consequence. The biggest movers out of the main currencies have been AUD-JPY, NZD-JPY and CAD-JPY, which are down between 0.3% and 0.4% as the London interbank takes to its collective desk. AUD-USD clocked a three-month low of 0.7688, while USD-CAD posted a nine-month peak of 1.3122, capping a run higher of six consecutive sessions in the case of the latter.