XE Market Analysis: Asia – Aug 08, 2019

The Dollar moved marginally higher in early N.Y. trade on Thursday, taking the DXY to 97.74 highs.The index later eased lower, bottoming at 97.46 after the London close. On the data front, jobless claims were slightly lower than expected, while wholesale sales were a but weaker than forecasts. Neither release had much impact on the Dollar. EUR-USD ranged between 1.1182 and and 1.1232 through the session. USD-JPY meanwhile, was confined to a narrow range on either side of 106.00. USD-CAD pulled back from over 1.3300 to 1.3226 as oil prices steadied.

Source: XE news feed
XE Market Analysis: Asia – Aug 08, 2019