XE Market Analysis: Europe – Jun 21, 2021
The dollar has consolidated at modestly softer levels after rallying strongly last week. The DXY dollar index drifted to levels around 92.20, down from Friday’s two-month high at 92.40. EUR-USD concurrently lifted to the upper 1.1880s from Friday’s two-month low at 1.1846. The yen continued to outperform, with USD-JPY pegging a one-week low at 109.71 while EUR-JPY and AUD-JPY printed respective a two- and four-month lows.