XE Market Analysis: Asia – Mar 14, 2018

The dollar advance modestly in N.Y. morning trade on Wednesday, before giving back gains after the London close. Following softer retail sales and slightly warmer PPI outcomes, the dollar index moved from 89.63 to 89.88 highs. The index later fell back under 89.70. Protectionist/tariff concerns weighed on the greenback, and on Wall Street, as Trump indicated China may be targeted with $60 bln in tech tariffs. EUR-USD topped at 1.2396 after the data, later easing back to 1.2347.