XE Market Analysis: Asia – Aug 19, 2019

Comments are off

The Dollar was rangebound in N.Y. on Monday, leaving the DXY between 98.18 lows at the open, and 98.27 after the London close. There was no data to drive the market. Wall Street was higher on trade negotiation hopes, while Treasury yields edged higher as well. EUR-USD slipped from 1.1104 to lows under 1.1090 later in the session. USD-JPY topped at 1.0670 into the open, later easing to 106.46 lows before turning sideways on either side of 106.50. USD-CAD bottomed at 1.3251 into the open, later rallying over its 200-day moving average to highs near 1.3330.