XE Market Analysis: Asia – Dec 07, 2018

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The Dollar fell in N.Y. on Friday following a softer than expected U.S. employment report. The DXY fell from 96.90 to 96.54 lows before steadying over 94.60. Wall Street was sharply lower again on renewed trade concerns, while Treasury yields slipped as well. EUR-USD peaked at 1.1413, from opening lows of 1.1365, while USD-JPY fell from 112.91 highs to 112.56 into the London close on risk-off conditions. USD-CAD slid to 1.3254 from 1.3400 on a solid Canada jobs report, and a sharp recovery in oil prices. Cable bucked the trend, falling to 1.2712 after topping at 1.2790.