XE Market Analysis: Asia – Jul 15, 2019

The Dollar moved modestly higher in N.Y. trade on Monday, taking the DXY to highs of 96.97 from 96.75 lows seen into the open. The index remains well under last week’s July high of 97.59. A better than expected Empire State index helped USD sentiment to a degree, prompting some short covering from Friday’s one-week low. EUR-USD printed 1.1254 lows from a top over 1.12480 in London, while USD-JPY remained under the 108 level through the session, bottoming at 107.84. USD-CAD bounced to 1.3051 from 1.3022 as oil prices fell.

Source: XE news feed
XE Market Analysis: Asia – Jul 15, 2019