XE Market Analysis: Asia – Feb 21, 2019

The DXY bottomed early in the session following softer U.S. data, though then recovered through the morning session. The index based at 96.36, later topping at 96.66. Treasury yields rose on reports the U.S. and China are closer to a trade deal, which helped support the Dollar. EUR-USD fell to 1.1323 lows from near 1.1365, as USD-JPY rallied to 110.83 from early lows of 110.56. USD-CAD made modest upside progress as WTI crude prices dipped from trend highs. Cable managed to hold over 1.3000.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Feb 21, 2019