XE Market Analysis: North America – Dec 14, 2018

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The Dollar has traded firmer against mot other currencies, the Yen being the main exception, with USD-JPY having held steady in the mid 113.0s. Driving were weakness in Dollar block currencies, amid a backdrop of tumbling stock markets and sub-forecast Chinese retail sales and production data, and specific weakness in both the Euro and Pound. EUR-USD has posted its biggest drop of the month so far, falling over 0.6% in making a 16-day low at 1.1286. EUR-JPY concurrently printed an eight-day low and EUR-CHF has tumbled back toward recent two-and-a-half-month lows.