XE Market Analysis: Asia – Feb 14, 2020

The DXY printed its ninth-straight higher daily high on Friday, though eased back through the session on profit taking activity. Incoming U.S. data saw in-line retail sales and industrial production, slightly firmer than expected import prices and a better than expected University of Michigan consumer sentiment index. EUR-USD peaked at 1.0862 before pulling back under 1.0835. USD-JPY rallied to 109.89 early, later falling to 109.69 as Wall Street turned lower. USD-CAD traded sideways between 1.3235 and 1.3260, while Cable fell to 1.3001, later recovering over 1.3045.

Source: XE news feed
XE Market Analysis: Asia – Feb 14, 2020