XE Market Analysis: Asia – Oct 10, 2017

The dollar was mostly lower in N.Y. trade on Tuesday, as risk-off conditions weighed. EUR-USD topped 1.1825 after the Catalonian president appeared to back down from declaring independence from Spain, instead “suspending” the result of the separatist vote to give time for dialogue with Madrid. USD-JPY slipped briefly under 112.00 on the nervous geopolitical backdrop, before recovering marginally. USD-CAD stayed heavy on either side of 1.2500 as oil prices recovered, while cable found a footing over the 1.3200 mark.

[EUR, USD]