XE Market Analysis: Europe – Oct 16, 2015

Not a lot of movement has been seen in the G3 and other currencies, with the dollar having consolidated the rebound gains it saw yesterday following the slightly hotter than expected CPI reading. USD-JPY was an exception as it managed to eke out a two-day high at 119.25, though the pair has since slumped back to near net unchanged levels on the day, to just under 119.00. EUR-USD is back near the 1.1400 level from a 1.1359 low.