XE Market Analysis: Asia – Oct 12, 2017

The dollar perked up in morning trade in N.Y. on Thursday, aided by a warmer U.S. PPI outcome. As the session progressed however, the greenback fell back, leaving the DXY at 92.97 lows after opening at 93.05, and peaking at 93.22. EUR-USD based at 1.1829 after the data, before making its way to 1.1850 highs after the London close. USD-JPY held up early, peaking at 112.45, though later falling back to 112.13 lows. USD-CAD was range bound in the mid to upper 1.24s, while cable got a post-London close boost when EU Brexit negotiator said the U.K. may get a two-year “transition” period.