XE Market Analysis: North America – Sep 23, 2015

The dollar and yen posted fresh highs against most currencies during a risk-off Asian session before these moves unwound some during the European AM, when stock markets across the region managed to rebound — including shares of “V(ery) W(orried).” EUR-USD logged a two-week low at 1.1105 in Asia, subsequently settling in the mid-1.11s. The market is anticipating a dose of dovish guidance from ECB boss Draghi when he testifies before the European Parliament later today. USD-JPY recovered above 120.00 after posting five-day lows just under 119.65.