XE Market Analysis: Asia – Aug 31, 2018

The Dollar rallied broadly in N.Y. on Friday, after it became clear that the U.S. and Canada would not be making a trade deal. Safe-haven flows buoyed the Greenback. The DXY rallied to near highs of the week, peaking at 95.22. EUR-USD fell to one week low of 1.1585, as USD-JPY rallied to 111.10, despite the risk-off backdrop. USD-CAD moved over 1.3080 from 1.3020 on trade troubles, while cable fell back under 1.3000 to 1.2946 lows.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Aug 31, 2018