XE Market Analysis: Asia – Apr 09, 2021

FX trade was quiet in N.Y. on Friday, though the Dollar, after edging higher early, later lost ground. Hotter than expected March PPI, and accompanying higher Treasury yields lifted the Greenback early in the session, though the DXY later faded to near lows of the week on light profit taking into the weekend, perhaps driven by yields coming off their highs into the close. Wall Street posted modest gains. Next week’s U.S. economic calendar pick sup, and will feature CPI, trade prices, retail sales, industrial production, housing starts, the Philly and New York Fed indices, and the U.