XE Market Analysis: Asia – Jul 23, 2019

The Dollar headed higher in N.Y. trade on Tuesday, lifting the DXY to a better than one-month high of 97.71, up from opening lows of 97.47. The USD rallied despite softer incoming U.S. data, with both existing home sales sand the Richmond Fed index missing the mark. EUR-USD headed down to levels last seen at the end of May, bottoming at 1.1148, coming from highs of 1.1185 into the open. USD-JPY printed one-week highs of 108.29, while USD-CAD rallied to near one-month highs of 1.3164 on softer Canada wholesale data.

Source: XE news feed
XE Market Analysis: Asia – Jul 23, 2019