XE Market Analysis: Europe – Sep 11, 2015

Currency majors have posted relatively narrow ranges amid relatively calm market conditions in Asia ahead of the European open. EUR-USD managed to eke out a nine-day high of 1.1304 before ebbing back to the upper 1.12s. EUR-JPY also posted fresh highs above 136.00. USD-JPY, meanwhile, held a narrow range in the mid- to upper-120.00s. AUD-USD was steady, with the Aussie consolidating what has been its biggest weekly rally in 18 months of just over 2%.