XE Market Analysis: North America – Mar 29, 2019

The Dollar has retained an underlying bid. EUR-USD declined for a fourth straight day, printing a three-week low at 1.1210. This puts a bit more space in from the seven-week peak that was seen last Wednesday at 1.1448, with the pair descending farther toward the the low point of the 1.1177-1.1570 range that’s been seen since the start of the year. Negative Bund yields and dovish guidance from ECB policymakers have been on offset to the decline in Treasury yields and yield curve inversions in the U.S.