XE Market Analysis: North America – Jul 04, 2019

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The Dollar majors have been directionally uneventful with U.S. markets closed today and participants hunkering down ahead of tomorrow’s U.S. jobs report. EUR-USD down shifted back to the 1.1280 area after pressing to a 1.1295 high during the pre-London session in Asia, leaving yesterday’s peak at 1.1311 unchallenged. USD-JPY remained within the range seen yesterday, still buoyant but bereft of impetus for a challenge of yesterday’s high at 107.88. Most Yen crosses have seen a similar price pattern, though AUD-JPY managed to edge out a two-session peak at 75.92. Confirmation that the U.S.