XE Market Analysis: Asia – Jun 04, 2018

The dollar started out on a softer footing in N.Y. on Monday, though managed a modest rally through the remainder of the day, as risk appetite picked up. The DXY picked up to 94.14 from 93.67 opening lows. EUR-USD fell from 1.1745 to 1.1677, while USD-JPY rallied to 109.75 from 109.37. USD-CAD firmed up on softer oil prices, while cable bounced from 1.3295 lows on hawkish tilting BoE talk.

[EUR, USD]