XE Market Analysis: Asia – Aug 28, 2017

The dollar lost ground through the N.Y. session, with fallout from Yellen’s non-policy speech on Friday continuing to weigh down the greenback. Trade was relatively thin, as London was on holiday. EUR-USD printed 2.5 year highs of 1.1983, coming from near 1.1925 at the open, while USD-JPY fell back from 109.41 highs, easing into 109.00 at the close. USD-CAD topped at 1.2502 on sharply lower oil prices. Cable meanwhile, managed a two-week high of 1.2940, as it followed the euro higher.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Aug 28, 2017