XE Market Analysis: Asia – May 17, 2018

FX trade was relatively quiet in N.Y. on Thursday, keeping the DXY inside a 93.38 to 93.56 trading range, and the major dollar pairings range bound. EUR-USD ranged between 1.1785 and 1.1812, while USD-JPY topped at new trend highs of 110.86 before slipping back to 110.63 lows. Cable was sideways on either side of 1.3500, while USD-CAD rose to 1.2822 highs as oil prices pulled back from multi-year highs.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – May 17, 2018