XE Market Analysis: Asia – Nov 26, 2018

The Dollar started the N.Y. session on a softer footing, though spent the morning session moving higher, taking the DXY to seven-session highs of 97.07, and up from 96.71 early on. There was little data to drive the market, though the Dallas Fed index fell more than expected. EUR-USD bottomed at 1.1326, down from 1.1375, while USD-JPY advanced on the back of a solid Wall Street rally, and firmer yields. USD-CAD peaked at 1.3248, on general USD strength and as oil prices eased from highs. Cable dipped to 1.2905 on uncertainty over the passage of the Brexit deal in the House of Commons.