XE Market Analysis: Asia – Mar 25, 2019

The Dollar was rangebound in N.Y. on Monday, with the DXY inside a narrow 96.63 to 96.41 trading band. There was little in the way of data to drive the market, and following last week’s volatility, a period of consolidation may set in. EUR-USD was stuck inside of 1.1304 and 1.1331, while USD-JPY fell under 109.80 late in the session, after peaking at 110.13 early. Stock market losses weighed on that pairing. USD-CAD topped at 1.3444, later falling to 1.3400 lows as oil prices recovered above $59.00.