XE Market Analysis: Asia – Aug 20, 2018

The Dollar index came under modest pressure in N.Y. on Monday, touching 95.94 lows, and down from 96.40 into the open. There was no data to move the market, leaving trading conditions on the quiet side. Treasury yields and the dollar hit session lows after a Bloomberg report said Trump complained about Powell not being an easy-money Fed chair. EUR-USD ranged between 1.1416 and 1.1563, while USD-JPY made its way from near 110.60 to bottom at 110.28. USD-CAD was range bound under 1.3100, while cable printed five-session highs of 1.2790.

[EUR, USD]