XE Market Analysis: Asia – Aug 23, 2018

The dollar index headed higher in N.Y. trade on Thursday, topping at 95.67. The implementation of fresh U.S./China tariffs, and only muted expectations that current trade talks will yield progress supported the Greenback. Incoming data revealed in-line jobless claims, but softer new home sales. EUR-USD fell to 1.1531 lows from opening levels around 1.1580. USD-JPY printed 111.29 highs, while USD-CAD bottomed at 1.3039 before rallying back toward 1.3090. Cable gave up the 1.29 handle, and was pushed to lows of 1.2807.

[EUR, USD]