XE Market Analysis: North America – Jul 30, 2018

The Dollar majors have been holding in narrow ranges in early-week trading so far. EUR-USD nudged higher, to a two-session peak of 1.1692 after breaching above Friday’s high at 1.1664, extending the rebound from the 11-day seen then 1.1620. There didn’t appear to have been an strong leads, with Eurozone confidence data and Spanish inflation figures coming at expectations. USD-JPY has held in a narrow range near 111.0, and the PBoC lifted the USD-CNY reference once again, to a new high of 6.8131 from Friday’s 6.7942. Central bank policy decisions in Japan, the U.S.