XE Market Analysis: North America – Sep 12, 2017

The dollar carved out new rebound highs versus the yen and euro, among some other currencies, though traded lower in some cases, most notably the pound, which rallied strongly following perkier than expected UK inflation data. USD-JPY continued to gain as markets react to a sense of reduced risks stemming from North Korea and Hurricane Irma, with the former having refrained (for now) from further missile testing and the latter now having weakened to a tropical storm rating while tentatively proving to be less damaging than feared to the U.S. mainland.