XE Market Analysis: Asia – Nov 15, 2019

The Dollar was lower into the weekend in N.Y. trade, taking the DXY to seven-session lows of 97.96. Incoming U.S. data overall missed expectations, which weighed on the USD. Ex-auto retails sales, industrial production, import prices, and the Empire State index were all weaker than consensus forecasts. Wall Street vaulted to new record highs on White House reports that the U.S./China trade deal is in its final stages, while Treasury yields edged higher along with stocks. EUR-USD perked up from 1.1028 lows early, to highs of the week at 1.1055.

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