XE Market Analysis: Asia – Nov 10, 2020

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The Dollar remained relatively firm in N.Y. trade on Tuesday, managing a four-session high. The DXY traded to 92.97 highs on an intraday basis, just above Monday’s peak. There was little in the way of news or data to drive the FX market, though Monday’s good news on the vaccine front, and prospects for a quicker U.S. economic recovery once the vaccine is rolled out, appeared to have supported the USD. Wall Street was mixed, with tech and stay-at-home stocks continuing to suffer some. Treasury yields were higher. EUR-USD ranged between 1.1793 and 1.1834 through the session.