XE Market Analysis: Asia – Mar 22, 2019

The Dollar index largely maintained altitude through the N.Y. session, after spiking higher in Europe following weak EU PMIs, and negative Bund yields, which weighed heavily on EUR-USD. The DXY peaked at six-session highs of 96.81, before meandering between 96.54 and 96.78 through the N.Y. session. EUR-USD touched 1.1274 lows. USD-JPY slid to better than one-month lows of 109.75, reacting to the sharply negative risk backdrop. USD-CAD topped at 1.3426 following weak Canada retail sales and in-line CPI outcomes. Cable topped at 1.3220.

[EUR, USD]