XE Market Analysis: Asia – Mar 11, 2019

The Dollar was choppy in N.Y. trade on Monday, though in the scheme of things, was relatively range bound. The DXY opened over 97.38, then dropped to 97.20, bounced to 97.37, before ending near 97.20. U.S. retail sales were mixed, and had little impact on the Dollar. Wall Street started mixed, with the Dow underperfoming as component Boeing fell sharply following the 737 crash over the weekend. The major indices later picked though, posting solid gains on trade hopes and tech mergers. EUR-USD headed from 1.1254 highs to 1.1221 lows before ending near 1.1240.