XE Market Analysis: North America – Oct 09, 2020

The dollar has tracked lower amid a backdrop of overall buoyant stock markets. EUR-USD posted a three-day high at 1.1803, drawing in on the 18-day high seen on Tuesday at 1.1809. The pair needs to close out today above 1.1718-19 to rack this up as a second consecutive up week. USD-JPY ebbed moderately lower on the influence of broad dollar softness, with the yen trading steady-to-softer against other currencies. AUD-JPY edged out a three-day high, and is near three-week high territory. AUD-USD posted a three-day high at 0.7194.