XE Market Analysis: Asia – Jul 09, 2019

The Dollar was relatively steady through the N.Y. session on Tuesday, with traders mostly on Powell patrol ahead of the Fed chair’s congressional testimony on Wednesday. There was nothing in the way of market moving data, and focus remained on position adjustment activity. The DXY ranged between 97.59 and 97.46 through the day. EUR-USD managed a 1.1196 yo 1.1211 trading band, while USD-JPY steadied between 108.73 and 108.85. USD-CAD managed a 1.3140 high, up from near 1.3115 at the open, while Cable bottomed at near lows of the year at 1.2440.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Jul 09, 2019