XE Market Analysis: Asia – Mar 30, 2017

The dollar started the day on a stronger footing, getting a boost overall from an upgraded U.S. Q4 GDP revision. Stocks and yields moved higher, supportive of the greenback as well. Later, the dollar fell across the board, as CNBC reported that the Trump administration is assessing ways to penalize currency manipulators. Better risk taking levels though, saw the market take advantage of the brief sell-off, and the buck later rallied to session highs. After topping at 1.0753, EUR-USD printed 1.0685 lows after the London close.

Source: XE news feed
XE Market Analysis: Asia – Mar 30, 2017