XE Market Analysis: Asia – Feb 01, 2019

The Dollar rallied on the back of better than expected jobs, ISM, amd U. Michigan sentiment in N.Y. on Friday. The DXY bounced to 95.63 from lows of 95.40. Wall Street was mixed after a week of solid gains, while Treasury yields edged up on the data as well. EUR-USD ranged between 1.1458 and 1.1488, while USD-JPY outperformed, rallying to 109.59 from opening lows near 108.80. USD-CAD fell to 3-month lows of 1.3068 as oil prices surged. Cable meandered inside of 1.3050 and 1.3102.

[EUR, USD]