XE Market Analysis: Asia – Sep 11, 2017

The dollar was broadly higher in N.Y. on Monday, as risk-on conditions returned. No missile/nuclear activity from N. Korea over the weekend, along with a less dmaging that feared outcome from Hurricane Irma combined to lift the greenback, stocks and Treasury yields. EUR-USD eased to lows under 1.1975 from opening highs near 1.2010. USD-JPY topped over 109.15, up from 108.50, while USD-CAD rallied on initially soft oil prices, and a Reuters survey expecting a weaker CAD over the next couple of months. Cable meanwhile, eased back under 1.3200.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Sep 11, 2017