XE Market Analysis: Asia – Apr 19, 2021

The Dollar was relatively steady in N.Y. trade on Monday, though had lost significant ground overnight, as Treasury yields slipped to five-week lows. The DXY printed six-week lows of 91.03, later managing a high of 91.22. There was no U.S. data to move markets. Wall Street headed lower, pulling back from record highs seen in the S&P 500 and the Dow on Friday. The NASDAQ underperformed. Treasury yields recovered modestly through the session, putting a floor under the USD for now.