XE Market Analysis: Europe – Oct 01, 2015

The dollar bloc currencies have outperformed on the back of a strong Wall Street close and follow-up gains in Asian stock markets. The dollar itself traded firmer against its G3 peers, with EUR-USD dipping to a one-week low of 1.1140, extending declines seen since yesterday’s deflationary HICP data out of the Eurozone. USD-JPY lifted to the 120.20-30 area, rebounding after foraying as low as 119.55 yesterday. The Aussie and Canadian dollars, meanwhile, rallied to one-week highs versus the greenback, while the Kiwi clocked a two-week peak.