XE Market Analysis: North America – Apr 10, 2019

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The main currency pairings have continued to ply narrow ranges for the most part, though AUD-USD managed to eke out a three-week high at 0.7157, surpassing yesterday’s peak by 5 pips. The move in the Aussie was sparked by upbeat remarks from RBA’s Debelle. Elsewhere, EUR-USD lifted modestly but remained below yesterday’s two-week high at 1.1284. The ECB meeting today is expected to be a non-event for forex markets. Sterling has posted modest gains versus the Dollar and Yen while holding at near net unchanged levels versus the Euro.