XE Market Analysis: North America – Jan 23, 2019

The Dollar has traded flat-to-softer while the Yen has been the day-to-far’s underperformer and the Pound the outperformer. EUR-USD remained rooted around the 1.1350 level, while USD-JPY printed a two-day high at 109.79, which is 9 pips shy of Monday’s peak. AUD-JPY and CAD-JPY both rose 0.5%, and NZD-JPY saw an even greater magnitude of gains. AUD-USD lifted to 0.7143, but remained comfortably below the 0.7182 peak seen on Monday. The price action came against a backdrop of lower Asian stock markets and firmer European stock markets.