XE Market Analysis: Asia – Sep 19, 2017

The dollar stumbled some early in the session in N.Y. on Tuesday, though was little impacted by the combination of firmer import prices, a wider current account deficit, and near in-line housing starts. Risk appetite perked up some, allowing the greenback to hold its own through the close. USD-JPY sold off on the back of pre-Trump U.N. speech, where N. Korea was in the president’s crosshairs. The pairing bottomed at 111.21 before later touching 111.83 highs. EUR-USD idled in the mid to upper 1.19s ahead of Wednesday’s FOMC announcement.