XE Market Analysis: Asia – Sep 18, 2020

The Dollar ended a bit lower overall in N.Y. on Friday, though ranges were narrow, and volumes reportedly light into the weekend. Incoming U.S. data saw the Q2 current account blow out to a 12-year high, though Michigan sentiment was better than expected, and leading indicators were in line with consensus. The reports had little impact on the USD. Wall Street took another hit with tech selling again leading the way. Treasury yields were little changed. EUR-USD ranged between 1.1826 and 1.1870, while USD-JPY remained heavy, inside of a 104.29 to 104.50 trading band.

Source: XE news feed
XE Market Analysis: Asia – Sep 18, 2020