XE Market Analysis: North America – Dec 04, 2018

The main movers today have been the Dollar, which has declined concomitantly with Treasury yields as markets recalibrate the Fed policy outlook, the Yen, which has attracted a safe-haven bid as the U.S.-China “truce” trade faded and global stocks turn lower, and Sterling, which spurted about a big figure higher versus the Dollar on Brexit-related news. EUR-USD lifted by over 0.5% in printing an 11-day high of 1.1418, buoyed by underperformance in the U.S. currency. While the potential of the U.S.