XE Market Analysis: North America – Jun 15, 2018

The dollar has corrected some of the gains seen yesterday and through today, led by a rebound in EUR-USD and a decline-from-highs in USD-PY, with the former repairing to around 1.1600 from a 16-day low posted earlier at 1.1543 and the latter retreating back under 110.50, leaving a three-week high at 110.90. The narrow trade-weighted USD index (DXY) more than gave up intraday gains after earlier printing a seven-month peak at 95.13.