XE Market Analysis: Asia – Apr 12, 2019

The Dollar pulled back in N.Y. trade on Friday, weighed down by risk-on conditions, which came following improved China loan and trade data. The DXY fell to 96.75 lows from overnight highs of 97.19. Wall Street extended gains, while Treasury yields rose as well. EUR-USD rallied to near three-week highs of 1.1323, but slipped back under 1.1300 into the London close. USD-JPY was bid up on the better risk-taking levels, topping at 112.03. USD-CAD steadied around 1.3325 after falling from 1.2275 in London on firmer oil prices. Cable topped at 1.3132, later heading back under 1.3080.