XE Market Analysis: Asia – Dec 08, 2020

Overall, the Dollar was slightly firmer in N.Y. on Tuesday, though traded ranges were narrow, and activity muted. The DXY headed from early lows of 90.79 to a high of 91.01 at mid-morning. Aside from revised Q3 productivity and unit labor cost revisions, which were largely ignored, there was no market moving data released. Wall Street started out underwater, though eventually climbed into shallow positive territory, following reports the FDA said Pfizer’s Covid vaccine meets success requirements. Treasury yields faded some.