XE Market Analysis: Asia – Apr 16, 2021

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FX trade was very light in N.Y. on Friday, with narrow ranges the case for most major Dollar pairings. The DXY matched Thursday’s one-month low of 91.49 early in the session, later heading to 91.59 highs. Incoming data was slightly supportive of the USD, though ultimately had little impact. March housing starts were much stronger then expected, while preliminary April consumer sentiment rose, but not as much as forecast. Wall Street saw the Dow and S&P print fresh record highs, while the NASDAQ underperformed some.