XE Market Analysis: Asia – Aug 06, 2019

The Dollar index ended Tuesday’s session near unchanged from opening levels. The DXY started at 97.65, advance to 97.76, before falling back to 97.52, then settling in near 97.65. There was no incoming U.S. data to drive the FX market, and for the most part, traders appeared to just jockey for position until the next major event hits the newswires. EUR-USD bottomed at 1.1168, later moving to 1.1206 highs, while USD-JPY managed a 106.63 top, before falling to 106.25 lows. USD-CAD topped near 1.3290, reacting to lower WTI crude prices.

Source: XE news feed
XE Market Analysis: Asia – Aug 06, 2019