XE Market Analysis: Europe – Nov 06, 2018

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The Yen has broken lower while the Australian and New Zealand Dollars have lifted moderately higher in otherwise range-restricted trading so far today as market participants wait on the U.S. midterm elections, which carry significance for the Trumpian project. Asian stock markets have mostly lifted after a positive session on Wall Street, which set the scene for Yen softness in accordance with the usual correlative pattern. USD-JPY edged out a one-month high of 113.44, while EUR-JPY has ascended into two-week high altitudes, and AUD-JPY into one-high terrain.