XE Market Analysis: North America – Oct 27, 2017

The dollar index rallied to three-month highs in European trade, topping at 94.92, as the U.S. House passed budget legislation that opens the door to a tax reform package in the coming weeks. Global equities rallied overnight, with U.S. futures indicating a higher Wall Street open. Solid earnings from the likes of Amazon, Google, and Microsoft have supported stocks. EUR-USD continued it post-ECB slide, falling to 1.1616 lows, while USD-JPY topped 114.30 on improved risk appetite. For U.S.