XE Market Analysis: North America – Jun 18, 2019

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The Dollar traded firmer by virtue of the Euro taking a tumble amid a mix of soft Eurozone data and dovish remarks from ECB President turn, the Pound taking a hit as it becomes ever more likely that arch Brexiteer Boris Johnson will be the new UK prime minister, and the Australian Dollar taking a spill following the release of the RBA’s June-meeting minutes, which signalled that a follow-up rate cut is in the works. Amid this, the USD index floated to a 15-day peak at 97.73, making this the fifth consecutive day of higher highs.