XE Market Analysis: North America – Jun 06, 2019

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The Dollar has consolidated at moderately lower levels after rising during the New York PM session yesterday, while the Yen saw some chop, rotating higher during the Asian session, where stock markets sputtered, led by a 0.9% closing loss in China’s CSI 300 index, before rebounding some during the European AM session, when European stocks U.S. equity index futures rallied. EUR-USD has been plying in a narrow range in the lower-to-mid 1.1200s, consolidating the steep losses from 1.1306 that were seen during the London PM/NY morning session yesterday.