XE Market Analysis: North America – Oct 10, 2018

The Dollar majors have continued to ply mostly narrow ranges. EUR-USD has continued to gravitate around 1.1500, returning to this level after yesterday briefly breaking orbit and posting a seven-week low at 1.1432. Concerns about Italian budgetary prudence have continued to linger, although BTP yields have come off their highs today. USD-JPY has remained entrenched in a narrow range around the 113.00 level, above the nine-session low printed on Monday at 112.82. The recent rise in U.S.