XE Market Analysis: Asia – Aug 06, 2018

The Dollar index retreated from over two-week highs of 95.51 seen into the N.Y. open on Monday, later falling back to 95.27 lows. There was no data to move markets, resulting in fairly calm trading conditions in FX, Treasuries, and equities. EUR-USD bottomed at 1.1532, then rallied to 1.1570 into the London close. USD-JPY made its way from 111.53 to a low of 111.34 before turning sideways. USD-CAD fell to 1.2994 from near 1.3040 on firmer oil prices, while Cable bounced feebly to 1.2952 from trend lows of 1.2920.

[EUR, USD]