XE Market Analysis: North America – Apr 19, 2018

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The dollar has been trading near steady on net, while moderate yen weakness was a theme during the Tokyo session. The pound also came under some pressure following a miss in UK retail sales, and the Australian dollar lifted concomitantly with commodity prices out of post-Australian jobs data lows, subsequently posting a fresh trend high. EUR-USD slumped to an intraday low of 1.2354 after edging out a two-session peak at 1.2400. The pair has remained comfortably off the three-week high posted on Tuesday at 1.2414 and comfortably above the two-session low posted yesterday at 1.2341.