XE Market Analysis: Asia – Jul 12, 2019

The Dollar peaked early in the N.Y. session on Friday, reacting positively to the slightly warmer U.S. PPI outcome. From there, the USD turned modestly lower, taking the DXY from 97.08 to 96.84. Wall Street moved higher again, with major indices printing all-time highs. EUR-USD bottomed at 1.1238, later bouncing to 1.1268. USD-JPY fell from post-data highs of 108.35 to lows under 107.90. USD-CAD bounced to 1.3054 highs early on, later pulling back under 1.3030, while Cable rallied from 1.2530 to 1.2570.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Jul 12, 2019