XE Market Analysis: Asia – May 01, 2018

The DXY rallied to near highs if the year, topping at 92.55, as the dollar rallied broadly against major currencies. Incoming U.S. data disappointed, though the greenback advanced nonetheless. EUR-USD fell to 1.1982, as USD-JPY topped at 109.80. USD-CAD dipped initially on firmer Canada GDP figures, though later rallied as oil prices fell. Cable remained under pressure, falling to 1.3588 lows.

[EUR, USD]