XE Market Analysis: Asia – Jun 27, 2018

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The USD index (DXY) was up by 0.5% as of the mid New York PM session, mirroring the 0.5% loss in EUR-USD and gains the dollar saw against a slew of other currencies today. The biggest advance out of the currencies we track was against the New Zealand dollar, which was nursing a 0.9% loss. The Kiwi took a knock following a miss in New Zealand business confidence data, and on expectations for the RBNZ deliver continued strongly-on-hold guidance in the contest of recently underwhelming economic growth performance.