XE Market Analysis: Asia – Dec 11, 2020

The Dollar bounced modestly in overnight trade, and for the most part, held those gains through the N.Y. session on Friday. Ranges remained relatively narrow, however, into the weekend. The DXY moved from 90.62 in London morning trade, later topping at 92.04 into the open. Incoming data saw core November PPI a bit on the cooler side of expectations, while the preliminary University of Michigan consumer sentiment report printed better than consensus. Wall Street was choppy inside of relatively narrow ranges.