XE Market Analysis: North America – Sep 20, 2018

The Dollar continued to trade softer against most currencies. EUR-USD lifted back above 1.1700 in the latest phase of the now week-long oscillation of this level, though the pair has so far remained below the three-week peak that was logged on Tuesday at 1.1724. USD-JPY edged out a two-day low at 112.07 in Tokyo before lifting, remaining buoyant with European stocks rallying, despite a relatively indifferent session in Asia. Japanese PM Abe won a leadership challenge by a landslide, as expected, which puts him on track to becoming Japan’s longest serving prime minister.