XE Market Analysis: Asia – Aug 08, 2018

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The Dollar index perked up early in the N.Y. session on Wednesday, though later gave back its gains, dropping to 95.13 from 95.40 highs. There was no U.S. data to move markets. Wall Street settled on either side of flat, while Treasury yields were a touch lower. EUR-USD ranged between 1.1573 and 1.1609, as USD-JPY was stuck in a narrow band near 111.00 ahead of option expiries on Thursday. USD-CAD rallied to 1.3117 on the Canada/Saudi diplomatic spat, though fell back to 1.3010 as progress on NAFTA was reported.