XE Market Analysis: North America – Sep 11, 2018

The Dollar more than reversed intraday losses it saw against most currencies, and the USD index (DXY) was showing a fractional gain heading into the New York interbank open, at 95.28, up from the two-session low seen earlier at 94.88. EUR-USD concurrently fell by 50 pips to levels near 1.1590, leaving the 1.1644 two-session high in its wake. The common currency itself underperformed, correcting after a phase of outperformance, with EUR-CHF tumbling by some 40 pips in returning to the 1.1300 level, while EUR-JPY took a 70 pip spill.