XE Market Analysis: Asia – Apr 29, 2021

The DXY printed two-month lows of 90.42 overnight, though perked up to 90.78 highs at mid-morning in N.Y.. A better than consensus Q2 U.S. GDP print helped Dollar sentiment, while Jobless claims were about in-line with expectations. Wall Street was mostly higher, though A Reuters’ report that Labor Secretary Walsh says most gig workers should be classified as employees weighed no the NASDAQ as it hit the likes of Uber, Lyft, and DoorDash. Treasury yields maintained gains through the session, also supportive of the USD. Friday’s U.S.