XE Market Analysis: Asia – Jul 18, 2019

The Dollar attempted to rally in N.Y. on Thursday following in-line jobless claims, and a stronger than expected Philly Fed index, though later faded as Wall Street sold off and Treasury yields pulled back from highs. The DXY opened at 97.16 lows, rallied to 97.25 highs, before fading to 97.13. EUR-USD bottomed at 1.1215 after the early data, then make its way over 1.1230, while USD-JPY peaked at 108.01, later falling back under 107.80. USD-CAD was an outlier, topping just under 1.3100 as oil prices plunged better than 3%. Cable meanwhile, ranged between 1.2465 and 1.2500.

Source: XE news feed
XE Market Analysis: Asia – Jul 18, 2019