XE Market Analysis: Asia – Nov 10, 2017

The dollar remained under some pressure in N.Y. trade on Friday, alowing the DXY to print 12-session lows of 94.26, just above its 20-day moving average of 94.24. Wall Street was heavy as well, though yields held firm. Optimism over tax reform has faded this week, with House and Senate proposals still far away from each other, which have wieghed on U.S. markets. EUR-USD opened near 1.1645, before topping at 1.1677. USD-JPY meanwhile, faded early, though bounced to 114.68 after the London close.