XE Market Analysis: North America – Nov 01, 2018

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The Dollar has come under broad pressure, losing over 0.5% to the Euro, nearly 1% to the Pound and comfortably more than 1% against the Australian and New Zealand Dollars. EUR-USD posted a rebound high of 1.1388 in what is the first daily back-to-back gain in three weeks. USD-JPY has been left out of the action, having been plying a narrow range in the upper 112.0s so far today, while most Yen crosses have lifted, led by strong gains in AUD-JPY, NZD-JPY and GBP-JPY, which has been seen amid a backdrop of overall improved risk appetite in global stock markets.