XE Market Analysis: North America – Jul 04, 2018

The dollar has traded mixed, gaining against an underperforming euro while losing some ground to the pound and holding near net unchanged versus the yen. Emerging market currencies came off the boil after earlier trading firmer after the yuan steadied, with the support of Beijing according to widespread reports, after declining notably last week and on Monday and Tuesday of this week. EUR-USD tumbled about 50 pips in posting a low at 1.1630. A two-day had been printed in early European trade at 1.1681.