XE Market Analysis: North America – Jul 17, 2018

The Dollar remained on a softening tack against most currencies, with the Yen remaining the principal exception, though the U.S. currency managed to pare declines into the New York interbank open. EUR-USD posted a four-session high of 1.1744, and EUR-JPY clocked a two-month high. USD-JPY settled in the in the lower 112.00s after edging out a two-session high of 112.57. Japanese markets reopened today after yesterday’s holiday, and the Nikkei 225 closed with a 0.44% gain.